Home/Missouri/Statutes/Title XIX: MOTOR VEHICLES, WATERCRAFT AND AVIATION/Ch. 303: Motor Vehicle Financial Responsibility Law/§ 303.422
Missouri Statutes

§ 303.422 — Fund created, use of moneys.

Missouri § 303.422
JurisdictionMissouri
Title XIXMOTOR VEHICLES, WATERCRAFT AND AVIATION
Ch. 303Motor Vehicle Financial Responsibility Law

This text of Missouri § 303.422 (Fund created, use of moneys.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mo. Rev. Stat. § 303.422 (2026).

Text

1.There is hereby created in the state treasury the "Motor Vehicle Financial Responsibility Verification and Enforcement Fund", which shall consist of money received by the department of revenue under sections 303.420 to 303.440 .  The state treasurer shall be custodian of the fund.  In accordance with sections 30.170 and 30.180 , the state treasurer may approve disbursements.  The fund shall be a dedicated fund and money in the fund shall be used solely by the department of revenue for the administration of sections 303.420 to 303.440 .
2.Notwithstanding the provisions of section 33.080 to the contrary, any moneys remaining in the fund at the end of the biennium shall not revert to the credit of the general revenue fund.
3.The state treasurer shall invest moneys in the fund in the

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

(L. 2023 S.B. 398)

Nearby Sections

15
§ 303.010
Title of law.
§ 303.020
Definitions.
§ 303.022
Applicability of certain state statutes to motor vehicle liability policies, when.
§ 303.024
Insurance identification cards issued by insurer, contents — identification cards for self-insured issued by director, contents — exhibition of card to peace officers or commercial vehicle enforcement officers — failure to exhibit, violation of section 303.025.
§ 303.025
Duty to maintain financial responsibility, residents and nonresidents — inoperable or stored vehicles, voluntary suspension of registration — misdemeanor penalty for violations — exception, methods — court to notify department of revenue, additional punishment, right of appeal.
§ 303.026
Director to notify owners who register vehicles, contents — affidavit certifying financial responsibility required for registration — director may use sampling techniques to verify — insurers required to submit policy information to director, format, use, disclosure — violations by insurer, penalty — notice to owner, when.
§ 303.030
Operator's license suspended on failure to give security for payment of damages after accident, burden of proof for challenging determination — exceptions — insurance accepted.
§ 303.039
Effective date for sections 303.025 and 303.041.
§ 303.040
All motor vehicle accidents to be reported — director to notify all other parties, contents — parties to furnish information — nonresident requirements.
§ 303.041
Failure to maintain financial responsibility — notice, procedure, contents — suspension of license and registration — request for hearing, right, effect — subsequent acquisition of financial responsibility, effect — duration of suspension, fee.
§ 303.042
Suspension, effective when — length of suspension, factors considered — false submission of proof of insurance, suspension, duration, fee.
§ 303.044
Proof of financial responsibility required for reregistration.
§ 303.045
Records, where kept — destroyed, when.
§ 303.050
Security, form and amount — reduced, when.
§ 303.051
Judgment-creditor entitled to notice of security held.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Missouri § 303.422, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/303/303.422.