Missouri § 303.230 - Surety bond as proof of responsibility.
Full text of Missouri Revised Statutes of Missouri § 303.230 — Surety bond as proof of responsibility., with citation guidance and answers to common questions.
§ 303.230. Surety bond as proof of responsibility.
1. Proof of financial responsibility may be furnished by filing with the director the bond of a surety company duly authorized to transact business in this state, or a bond with at least two individual sureties each owning real estate within this state, and together having equities equal in value to at least twice the amount of such bond, which real estate shall be scheduled in the bond approved by the judge of the circuit court of the county or city in which such real estate is situate. Such bond shall be conditioned for payments in amounts and under the same circumstances as would be required in a motor vehicle liability policy, and shall not be cancelled except after ten days' written notice to the director.
2. If such judgment, rendered against the principal on such bond, shall not be satisfied within sixty days after it has become final, the judgment creditor may, for his own use and benefit and at his sole expense, bring an action or actions in the name of the state against the company or persons executing such bond.
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(L. 1953 p. 569 § 303.240)
---- end of effective 28 Aug 1953 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 303.230
What does Revised Statutes of Missouri § 303.230 cover?
Section 303.230 ("Surety bond as proof of responsibility.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 303.230?
A common citation format is "Revised Statutes of Missouri § 303.230" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 303.230 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.