Missouri Laws 306.440 – Owner’s failure to indicate lienholder on title application, penalty
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Missouri Laws, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class A misdemeanor | up to 1 year | up to $2,000 |
Terms Used In Missouri Laws 306.440
- Lien: A claim against real or personal property in satisfaction of a debt.
- Motorboat: any vessel propelled by machinery, whether or not such machinery is a principal source of propulsion. See Missouri Laws 306.010
- Owner: a person other than a lienholder, having the property in or title to a motorboat. See Missouri Laws 306.010
- Vessel: every motorboat and every description of motorized watercraft, and any watercraft more than twelve feet in length which is powered by sail alone or by a combination of sail and machinery, used or capable of being used as a means of transportation on water, but not any watercraft having as the only means of propulsion a paddle or oars. See Missouri Laws 306.010
- Watercraft: any boat or craft, including a vessel, used or capable of being used as a means of transport on waters. See Missouri Laws 306.010
Failure by the owner to indicate the lienholder of a lien or encumbrance attached to the outboard motor, motorboat, vessel, or watercraft at time of making application for title is a class A misdemeanor.