Missouri Revised Statutes
Chapter 306 - Watercraft Regulation and Licensing — Water Patrol Division
Section 306.415 - Assignment of lien or encumbrance by lienholder, rights and obligations — perfection by assignee, how.

Effective - 28 Aug 1999
306.415. Assignment of lien or encumbrance by lienholder, rights and obligations — perfection by assignee, how. — 1. A lienholder may assign, absolutely or otherwise, his or her lien or encumbrance on the outboard motor, motorboat, vessel, or watercraft to a person other than the owner without affecting the interest of the owner or the validity or effect of the lien or encumbrance, but any person without notice of the assignment is protected in dealing with the lienholder as the holder of the lien or encumbrance and the lienholder shall remain liable for any obligations as lienholder until the assignee is named as lienholder on the certificate of title.
2. An assignee pursuant to subsection 1 of this section may, but need not to perfect the assignment, have the certificate of title issued with the assignee named as lienholder, upon delivering to the director of revenue the certificate of title, an assignment by the lienholder named in the certificate of title, and the required fee in the form the director of revenue prescribes.
3. If the certificate of title is being electronically retained by the director of revenue, the original lienholder may mail or deliver a notice of assignment of lien to the director in a form prescribed by the director. Upon receipt of notice of assignment, the director shall update the electronic certificate of title to reflect the assignment of lien and lienholder.
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(L. 1985 H.B. 280, et al. § 301.715, A.L. 1999 S.B. 19)

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Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XIX - Motor Vehicles, Watercraft and Aviation

Chapter 306 - Watercraft Regulation and Licensing — Water Patrol Division

Section 306.010 - Definitions.

Section 306.015 - Vessels, registration, procedure, fee — delinquent application, penalty fee — failure to obtain certificate of title, effect of.

Section 306.016 - United States Coast Guard documented vessels, certificate of registration, requirements — fees and taxes — duration — temporary registration — termination — availability for inspection.

Section 306.020 - Vessels to be numbered — number, where displayed.

Section 306.030 - Certificate of number, application, procedure, contents, fee — numbers, how attached — numbers from federal or other state governments, reciprocity — permanent certificate, when — renewal of certificate, when, how — personal propert...

Section 306.031 - New or replacement identification number of motor or vessel — securing of number — penalty.

Section 306.035 - Certificate of title, form of.

Section 306.040 - Certified number only on boat.

Section 306.050 - Notice of change of address of certificate holder — procedure.

Section 306.060 - Transfer of ownership of boat, application, fee — temporary certificate of number, fee — contents — dealer issue, record required, contents, penalty.

Section 306.075 - Motorized amphibious vehicle, defined — treated as a vessel, not a motor vehicle, exceptions — license required.

Section 306.080 - Vessels exempt from numbering requirements.

Section 306.090 - Maximum sound levels for recreational motorboats — exceptions.

Section 306.100 - Classification of vessels — equipment requirements.

Section 306.109 - Alcoholic drinking devices and containers prohibited on rivers — violation, penalty.

Section 306.113 - Operate defined — probable cause required.

Section 306.115 - Parasailing, requirements, prohibited, when.

Section 306.120 - Towing persons on skis or surfboard, regulations.

Section 306.122 - Motorboat or vessel operator, minimum age, exceptions, penalty.

Section 306.124 - Aids to navigation and regulatory markers defined — water patrol may mark waters, hearing, notice — markings, effect of — disaster, closing of certain waters — violation, penalty.

Section 306.125 - Operation of watercraft, how — restricted areas, certain vessels, speed allowed, penalty for violations — rulemaking authority — exceptions.

Section 306.126 - Motorboats, regulations as to passenger seating while under way — person in water, flag required, when — slow speed required, when — penalty.

Section 306.127 - Boating safety identification card required, when, requirements, fee — inapplicable, when — temporary boater safety identification card issued, when, rules, fee authorized, expiration date.

Section 306.128 - Boating offenses, offender requirements.

Section 306.129 - Rulemaking authority.

Section 306.130 - Regattas, races and other activities, authorization, regulation of.

Section 306.132 - Watercraft to stop on signal of water patrol or emergency watercraft, when — authorized speed near emergency watercraft — penalty.

Section 306.140 - Accident or collision, duties of operator — report required, when.

Section 306.142 - Personal watercraft, regulations — personal flotation devices — age restriction — reasonable and prudent operation — exceptions.

Section 306.147 - Muffler, defined — noise level regulation, muffler system required, certification of manufacturer — exceptions — on-site test to measure noise levels, penalty — application of section.

Section 306.150 - Watercraft livery — records — equipment to be furnished.

Section 306.165 - Water patrol officer, powers, duties and jurisdiction of.

Section 306.167 - Powers of peace officer when working in cooperation with other law enforcement agency.

Section 306.168 - Search warrants, water patrol division may request application for and serve, when.

Section 306.170 - Accident reports to United States on request.

Section 306.180 - Motorboat fund in state treasury, source and use.

Section 306.185 - Water patrol division fund created, use of proceeds.

Section 306.190 - Applicability of regulations — local regulations — special local rules prohibited.

Section 306.200 - Peace officers to enforce.

Section 306.210 - Penalties for violations.

Section 306.215 - Inspections of boats, refusal of or interference with — penalty.

Section 306.217 - Scuba diver's marker, flag required — flag described — boats to avoid — penalty.

Section 306.220 - Personal flotation device, who must wear, when, exception, penalty.

Section 306.221 - Obstruction of traffic or access to boat docks — violation, penalty.

Section 306.225 - Certain counties may regulate size and operation of watercraft on lakes, when (Clay and Jackson counties).

Section 306.250 - Definitions.

Section 306.260 - Boats not to discharge sewage, exception.

Section 306.270 - Marine toilets shall have suitable treatment device.

Section 306.280 - Inspection of boats.

Section 306.290 - Penalties for violations.

Section 306.300 - Definitions — marine sanitation device required — limitations — civil penalty.

Section 306.325 - Vessels on navigable waterways, restrictions on transporting of foodstuffs and beverages — violation, penalty.

Section 306.400 - Liens and encumbrances — valid, perfected, when, how, future advances — boats and motors subject to, when, how determined — revenue to establish security procedure, electronic notices, rulemaking authority.

Section 306.405 - Certificates of title, delivery of, how, to whom — lienholder may elect to have revenue retain electronic title.

Section 306.410 - Duties of parties upon creation of lien or encumbrance — failure of owner to perform certain duties, penalty — name change, authorization to director required.

Section 306.415 - Assignment of lien or encumbrance by lienholder, rights and obligations — perfection by assignee, how.

Section 306.420 - Satisfaction of lien or encumbrance, release of, procedure — duties of lienholder and director of revenue — penalty for unauthorized release of a lien.

Section 306.425 - Provisions of 306.400 to 306.430 exclusive — exceptions.

Section 306.430 - Liens and encumbrances incurred before July 1, 2003 — how terminated, completed and enforced.

Section 306.435 - Repossessed vessels, motorboats and outboard motors, certificate of title — application, procedure, fee, form of — notice — issued, when — director of revenue, duties, rulemaking authority.

Section 306.440 - Owner's failure to indicate lienholder on title application, penalty.

Section 306.455 - Certificate of title for outboard motors and vessels in names of two or more persons, presumptions — exception.

Section 306.456 - Certificate of title for outboard motors and vessels in one person's name, may be surrendered, new certificate issued for one or more other persons — fee.

Section 306.458 - Certificate of title, two or more persons, not held as tenants in common, death of one tenant, transfer to surviving owners, procedure, fee — tenants in common, death of one tenant, procedure to transfer, fee.

Section 306.461 - Certificate of title in beneficiary form — multiple beneficiaries allowed — procedure to issue, content, fee — consent not required for transactions, revocation — interest subject to certain claims — transfer not deemed testamentary...

Section 306.463 - Death of owner and no surviving owner or beneficiary, director of revenue may transfer and issue new certificate, when, procedure to obtain.

Section 306.465 - Rules and regulations, authority to promulgate, procedure.

Section 306.530 - Registration of outboard motors.

Section 306.532 - Certificate of title to designate year of manufacture

Section 306.535 - Applications, contents, fee — not made within certain period, delinquency fee.

Section 306.540 - Registration by director of revenue, when.

Section 306.545 - Registration number — placement.

Section 306.550 - Certificate forms — duties of seller and purchaser — temporary registration number, issuance, contents.

Section 306.555 - Inspection of outboard motors.

Section 306.560 - Outboard motor registration not required for manufacturers, visitors in state, and motors used solely for racing.

Section 306.565 - Fees — disposition.

Section 306.570 - Destruction of records.

Section 306.575 - Penalty for violation.

Section 306.900 - Direct molding process — use of to duplicate hulls prohibited, when — damages and injunctive relief, when.

Section 306.903 - Abandonment of boat dock, penalty — retrieval and disposal — identifying information on dock required, when, penalty.

Section 306.910 - Recreational water use — definitions — brochure, distribution, limitation on cost of.