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2012 Missouri Revised Statutes
TITLE XIX MOTOR VEHICLES, WATERCRAFT AND AVIATION
Chapter 306 Watercraft Regulation and Licensing--Water Patrol Division
Section 306.455 Certificate of title for outboard motors and vessels in names of two or more persons, presumptions--exception.
Universal Citation:
MO Rev Stat § 306.455 (2012)
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Certificate of title for outboard motors and vessels in names of two or more persons, presumptions--exception.
306.455. When the director of revenue issues a certificate of title for an outboard motor or vessel in the names of two or more persons, it shall be presumed that ownership of the outboard motor or vessel is held by the persons shown on the title as joint tenants with right of survivorship or as tenants by the entirety if the owners are husband and wife, unless at the time the application for a certificate of title is filed with the director of revenue, the application states that ownership of the outboard motor or vessel is held as tenants in common.
(L. 1987 H.B. 605 6)
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