301.452. Rental price adjustment of motor vehicle or trailer based on amount of sale of vehicle does not create sale or security interest.
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/mo/chapter-301/301-452A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
301.452. Rental price adjustment of motor vehicle or trailer based on amount of sale of vehicle does not create sale or security interest. — In the case of motor vehicles or trailers as those terms are defined in section 301.010 , notwithstanding any other law to the contrary, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer.
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(L. 1991 S.B. 413 § 1)