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RSMo 301.200effective 28 Aug 2007

Sales by dealers

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Car dealers in Missouri need to have paperwork proving ownership for every used vehicle they have. When a dealer sells a brand new car, they fill out a special form called a manufacturer's statement of origin instead. This form is used to get an official certificate of ownership for the new car. Each ownership certificate has room for four transfers of ownership, and dealers have to follow specific rules about how those transfers are recorded.

Word-for-word law

301.200. Sales by s. — 1. In the case of dealers, a or that a dealer has applied for a certificate of ownership or that a prior has been satisfied by the dealer shall be required in the case of each motor vehicle in his , and the shall determine the form in which for such s of ownership and s shall be made, in case forms differing from those used for individuals are, in his , reasonably required; provided, however, that no such certificates shall be required in the case of new motor vehicles or trailers sold by s to dealers.

2. Dealers shall execute and manufacturer's statements of origin in accordance with forms d by the director of revenue for all new cars sold by them. On the presentation of a , in the form prescribed by the director of revenue, by a manufacturer or a dealer for a new car sold in this state, a certificate of ownership shall be issued.

3. Each certificate of ownership issued by the shall contain space for four assignments. On all certificates of ownership containing fewer than four assignment spaces, the shall prescribe a secure document for use in making a fourth assignment by a dealer. All secure documents for assignments which are spoiled shall be marked "" and shall be returned by the dealer to the department of revenue at the end of each month.

(RSMo 1939 § 8382, A.L. 1947 V. I p. 380, A.L. 1984 S.B. 656, A.L. 1986 H.B. 1153, A.L. 2007 S.B. 82)

Prior revision: 1929 § 7774

(1969) Dealer's and of a for an automobile was not a prerequisite to the passing of to the automobile. Galemore v. Mid-West Fire and Casualty Ins. Co. (A.), 443 S.W.2d 194.

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Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.

RSMo 301.200: Sales by dealers | KnowMo Laws