44-1202. Forfeiture of all interest upon
obligation involving interest exceeding the maximum amount set by
contract


A person shall not directly or indirectly take or receive in money, goods or things
in action, or in any other way, any greater sum or any greater value for the loan or
forbearance of any money, goods or things in action, than the maximum permitted by
law. Any person, contracting for, reserving or receiving, directly or indirectly, any
greater sum of value shall, forfeit all interest.