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MO SB159
Bill
Status
1/24/2011
Primary Sponsor
Jane Cunningham
Click for details
AI Summary
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Extends the filing deadline for retaining liens on aircraft after surrendering possession from 30 days to 180 days in both section 430.020 and 430.082.
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Requires liens on aircraft to be filed with both the county recorder and the Federal Aviation Administration Aircraft Registry to bind a bona fide purchaser.
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Adds "aircraft" and "parts thereof" to section 430.082's lien provisions for labor, services, skill, material, and storage work.
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Establishes procedures for lienholders to obtain a "Lien Title" certificate from the director of revenue after 45 days of non-redemption, requiring certified mail notice to owners and lienholders of record.
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Entitles lienholders to recover actual and necessary expenses including court costs and reasonable attorney's fees when obtaining a lien title and selling the chattel.
Legislative Description
Modifies the law governing liens on motor vehicles, trailers, vessels, outboard motors, and aircrafts
Last Action
Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee
1/27/2011