Section 492.151 – Installment Sale Contract; Prepayment of Time Balance Prior to Insurance Coverage Expiration; Notice to Insurer; Payment of Unearned Insurance Premiums.

492.151 Installment sale contract; prepayment of time balance prior to insurance coverage expiration; notice to insurer; payment of unearned insurance premiums. Sec. 1. When the seller or subsequent holder has placed, at the expense of the buyer, insurance on a motor vehicle sold under an installment sale contract and the buyer prepays the time balance […]