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MO HB2029
Bill
Status
3/28/2012
Primary Sponsor
Paul Curtman
Click for details
AI Summary
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Modifies section 301.210 of Missouri law to allow motor vehicle dealers 21 days after delivery of a vehicle or trailer to transfer the certificate of ownership to the buyer, instead of requiring transfer at the time of delivery.
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Applies the 21-day transfer window only to sales made by licensed motor vehicle dealers; non-dealer transfers still require immediate certificate transfer at time of delivery.
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Requires dealers to deliver the endorsed certificate with warranty of title and statement of all liens or encumbrances within the 21-day period.
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Makes it unlawful to buy or sell a motor vehicle or trailer without proper assignment of the certificate of ownership, with sales without proper assignment declared fraudulent and void.
Legislative Description
Allows a motor vehicle dealer 21 days after the sale or transfer of a motor vehicle or trailer to deliver the certificate of ownership to the buyer
Last Action
Public Hearing Completed (H)
4/24/2012