Senate Bill No. 485 Summary

• Repeals and reenacts six sections of Missouri law relating to statutory liens on motor vehicles, trailers, watercraft, outboard motors, and aircraft.

• Establishes procedures for perfecting liens on motor vehicles and trailers by delivering notice of lien to the director of revenue within thirty days of creation, with confirmation required within fifteen business days.

• Extends the timeframe for filing aircraft lien statements from thirty days to one hundred eighty days after surrendering possession of the aircraft or equipment.

• Allows liens to secure future advances when clearly stated in security agreements and notice of lien documents, with proof maintained by the department of revenue.

• Modifies hospital lien notification requirements to use certified mail instead of registered mail for notifying parties allegedly liable for injuries.