301.121. Return of plates, partial refund.
Return of plates, partial refund.
301.121. 1. When the owner of a commercial motor vehicle registeredin excess of fifty-four thousand pounds returns the license plates to thedirector of revenue as provided in section 301.120, but not for a licensesuspension or revocation, the owner shall receive a refund or credit of anypro rata amount to be determined by the calendar quarters remaining beforeexpiration of the license plates. Such refund or credit shall be grantedbased upon the date the license plates are surrendered to the director ofrevenue. Any credit or refund may be applied toward any subsequentapplication for a Missouri registration only if a commercial motor vehicle.Any refunded portion of a registration fee which was distributed accordingto the provisions of article IV, section 30(b) of the Constitution ofMissouri shall be refunded proportionately from state, city and countyfunds.
2. When the owner of a commercial motor vehicle registered in excessof fifty-four thousand pounds returns the license plate or plates to theappropriate official in the state where the license plate for thecommercial motor vehicle was issued, a refund or credit shall be issued bythe director of revenue as provided in subsection 1 of this section. Ifthe refund is to come from moneys previously transferred to another stateby this state as a result of a reciprocity agreement, such refund by thedirector of revenue may only be made upon return of such moneys from thatstate to the director. If such moneys are not returned by that state, suchrefund will not be made.
(L. 1986 H.B. 1320 § 2, A.L. 1995 S.B. 70, A.L. 2001 S.B. 520)