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MO HB465
Bill
Status
2/6/2013
Primary Sponsor
Paul Curtman
Click for details
AI Summary
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Allows motor vehicle dealers 21 days after delivering a vehicle or trailer to the buyer to endorse and deliver the certificate of ownership, instead of requiring delivery at time of sale.
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Requires non-dealer sellers to continue endorsing and delivering the certificate of ownership at the time of vehicle delivery.
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Applies the 21-day delivery window only to sales made by licensed motor vehicle dealers to buyers.
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Maintains existing requirements that the endorsed certificate include warranty of title and statement of all liens or encumbrances.
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Updates penalty provisions to specify that the 21-day timeframe applies to dealer sales when prosecuting illegal sales without proper certificate assignment.
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)
4/10/2013