Mo. Rev. Stat. § 301.452
Rental price adjustment of motor vehicle or trailer based on amount of sale of vehicle does not create sale or security interest
Missouri · Revised Statutes of Missouri Chapter 301 — Registration and Licensing of Motor Vehicles · Status: effective · Effective 1991-08-28
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- Citation
- Mo. Rev. Stat. § 301.452, Rental price adjustment of motor vehicle or trailer based on amount of sale of vehicle does not create sale or security interest, Missouri, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1808366
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Full text
In the case of motor vehicles or trailers as those terms are defined in section 301.010, notwithstanding any other law to the contrary, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer.