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Section: 390.0150 Financial statement for intrastate common or contract carriers of household goods or passengers filed when, content--form--failure to comply, penalty deposit in school fund--motor carriers failure to maintain records, effect. RSMO 3...


Published: 2015

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Missouri Revised Statutes













Chapter 390

Motor Carriers and Express Companies

←390.146

Section 390.150.1

390.151→

August 28, 2015

Financial statement for intrastate common or contract carriers of household goods or passengers filed when, content--form--failure to comply, penalty deposit in school fund--motor carriers failure to maintain records, effect.

390.150. 1. Every intrastate common or contract carrier of household

goods or passengers shall submit once a year to the division on or before

April fifteenth a financial statement for the year ending December

thirty-first preceding stating only the assets and liabilities of the carrier.



2. The division shall determine the form of the financial statement and

a blank form will be furnished by the agency to each intrastate common or

contract carrier of household goods or passengers.



3. The division may also require such corporations or persons to file

additional statistical information covering a period and time as determined

by the agency; may notify the corporation or person to amend a defective or

believed to be erroneous financial statement; or may extend the filing of

such statement for a period not exceeding sixty days.



4. Each motor carrier of passengers or property shall keep its books and

records as prescribed by the division. These records, as well as records of

affiliates, entities under common control or any other related parties, shall

be subject to inspection at any time by the division or its authorized

representatives.



5. If any intrastate common or contract carrier of household goods or

passengers shall fail to make and file the financial statement within the

time specified above or within the time extended by the division, or shall

fail to provide additional statistical information when required, or if any

motor carrier of passengers or property shall fail to maintain adequate

records, the division may suspend the certificate, permit or property carrier

registration, upon notice to the motor carrier or seek penalties. The

penalties recovered shall be deposited to the credit of the public school

fund of the state.



(L. 1986 H.B. 1428, A.L. 1996 H.B. 991 merged with S.B. 780)



CROSS REFERENCE:



Division of motor carrier and railroad safety abolished, duties and

functions transferred to highways and transportation commission

and department of transportation, 226.008







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