[R.O. 2012 §390.200]
A.
No
owner of a motor vehicle registered in this State or required to be
registered in this State shall operate the vehicle, or authorize any
other person to operate the vehicle register or maintain registration
of a motor vehicle, or permit another person to operate such vehicle,
upon the streets or the alleys of this City, unless the owner maintains
the financial responsibility as required in this Section which conforms
to the requirements of the laws of this State. Furthermore, no person
shall operate a motor vehicle owned by another with the knowledge
that the owner has not maintained financial responsibility unless
such person has financial responsibility which covers the person's
operation of the other's vehicle.
B.
For
purposes of this Section, the term "financial responsibility" shall mean the ability to respond in damages for liability on account
of accidents occurring after the effective date of proof of said financial
responsibility, arising out of the ownership, maintenance or use of
a motor vehicle, in the amount of twenty-five thousand dollars ($25,000.00)
because of bodily injury to or death of one (1) person in any one
(1) accident, and, subject to said limit for one (1) person, in the
amount of fifty thousand dollars ($50,000.00) because of bodily injury
to or death of two (2) or more persons in any one (1) accident, and
in the amount of ten thousand dollars ($10,000.00) because of injury
to or destruction of property of others in any one (1) accident.
C.
Proof
of financial responsibility may be shown by any of the following:
1.
An insurance identification card issued by a motor vehicle insurer
or by the Director of Revenue of the State of Missouri for self-insurance.
A motor vehicle liability insurance policy, a motor vehicle liability
insurance binder, or receipt which contains the name and address of
the insurer, the name and address of the named insured, the policy
number, the effective dates of the policy and a description by year
and make of the vehicle, or at least five (5) digits of the vehicle
identification number or the word "Fleet" if the insurance policy
covers five (5) or more motor vehicles shall be satisfactory evidence
of insurance in lieu of an insurance identification card.
2.
A certificate of the State Treasurer of a cash or security deposit
according to Section 303.240, RSMo.
3.
A surety bond according to Section 303.230, RSMo.
D.
Proof
of financial responsibility shall be carried at all times in the insured
motor vehicle or by the operator of the motor vehicle if the proof
of financial responsibility is effective as to the operator rather
than to the vehicle. The operator of an insured motor vehicle shall
exhibit the insurance identification card on the demand of any Peace
Officer, commercial vehicle enforcement officer or commercial vehicle
inspector who lawfully stops such operator or investigates an accident
while that officer or inspector is engaged in the performance of the
officer's or inspector's duties.
