Summary of the Introduced Bill

HB 1077 -- Security Interests in Crops and Animals

Sponsor:  Bringer

This bill revises the Uniform Commercial Code regarding
production-money security interests and addresses the priority
and perfection of security interests and agricultural liens.

The bill also specifies that a veterinarian offering veterinary
services upon request of the owner can have a lien placed upon an
animal for reasonable charges and can hold and retain possession
of the animal until the charges are paid.  The lien will only be
valid if the veterinarian recorded a verified notice of lien with
the county recorder of deeds within 60 days after the services
were rendered.  The possessory lien will have priority over all
other liens, security interests, or other encumbrances upon the
animal regardless of where the service was rendered, and the
nonpossessory lien will have priority over all other liens,
security interests, or other encumbrances upon the animal and
previously perfected security interests, regardless of where the
service was rendered.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:26 am