A new Missouri bill, recently passed, requires a bond from some licensed dealers for the late delivery of property certificates. (3) A power of attorney from the owner to the conceded distributor, pursuant to section 301.300 al. 4, authorizing the distributor granted to receive a duplicate or replacement title in the name of the owner and to sign all securities in the owner`s name. Missouri provides a special form for the sale of junk food-free motor vehicles (form 5423) in case a vehicle is ten years of age or older, inoperable and untitled. This sales contract must be submitted to the Missouri DOR. Step 4 – Section 6 – Signatures – Both parties must verify the accuracy of the information provided, read the brief statement and indicate by mutual agreement: buyers should be aware that a sales voucher does not in itself transfer the legal ownership of an object bearing a title such as a motor vehicle. In addition, the owner must sign you the title of this item. In the case of motor vehicles, it is illegal not to sign the ownership of a car if the payment is accepted for the vehicle and the delivery is completed. 2. The distributor received evidence or other evidence from the revenue unit that there are no unpaid wages for the children on the vehicle at the time of the sale and provided the purchaser with a copy of that or other evidence; and (5) The merchant and the purchaser have entered into a written agreement for the transfer and subsequent delivery of such a certificate of ownership on a formal contract prescribed by the CFO, on a date that may not exceed sixty calendar days after the delivery of the vehicle to the purchaser. This agreement requires the purchaser to provide the purchaser with proof of the financial liability covered in Chapter 303 and proof of the complete coverage and collision of the motor vehicle. This trader keeps the original or an electronic copy of the signed contract and provides the buyer with a copy of the signed contract.