Revisor Home

previous nextEffective 28 Aug 1986


  Chapter 303back to chapter 303

  303.060.  Security deposited with director of revenue — used to pay judgment — return. — 1.  Security deposited in compliance with the requirements of this chapter shall be deposited with the director of revenue, and shall be applicable only to the payment of a judgment or judgments rendered against the person or persons on whose behalf the deposit was made, for damages arising out of the accident in question in an action at law, begun not later than one year after the date of such accident, or within one year after the date of deposit of any security under subdivision (3) of section 303.140, or to the payment in settlement, agreed to by the depositor, of a claim or claims arising out of such accident.

  2.  The deposit or balance thereof shall be returned to the depositor, his personal representative, or an assignee when evidence satisfactory to the director has been filed with him that there has been a release from liability, or a final adjudication of nonliability, or a duly acknowledged agreement, in accordance with subdivision (3) of section 303.070, or whenever, after the expiration of one year from the date of the accident, or from the date of any security required under subdivision (3) of section 303.140, the director shall be given reasonable evidence that there is no such action pending and no judgment rendered in such action left unpaid.


(L. 1953 p. 569 § 303.100, A.L. 1957 p. 634, A.L. 1986 S.B. 424)

Effective 7-01-87

< end of effective 28 Aug 1986 >

use this link to bookmark section 303.060

 - All entries
Effective End
303.060 8/28/1986
303.060 8/29/1953 8/29/1953

In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Other Links
Oversight Library MO WebMasters
Missouri Senate
State of Missouri
Missouri House
 Errors / suggestions - 
Marie Elizabeth Oliver
History and Fun Facts
 ©Missouri Legislature, all rights reserved.
google bing