137.910. Personal property in transit through state or consigned in transit to warehouse, exempt from taxes, exceptions. - Missouri Statutes

Personal property in transit through state or consigned in transit towarehouse, exempt from taxes, exceptions.

137.910. 1. Personal property in transit through this state is personalproperty:

(1) Which is moving in interstate commerce through or over the territoryof the state of Missouri; or

(2) Which, for the convenience, pleasure, or business of the shipper orowner, was consigned to a public or private warehouse within the state ofMissouri from outside the state of Missouri for storage in transit to a finaldestination outside of the state, whether such destination is known orspecified when transportation begins or afterward, including any time aftersuch personal property has reached the in-transit warehouse in the state ofMissouri.

2. Such property is deemed to have acquired no situs in this state forany purposes of taxation.

3. Beginning January 1, 1983, and continuing through December 31, 1985,such property shall not be deprived of exemption because while in thewarehouse the property is broken in bulk, relabeled or repackaged, or becausethe property is being held for resale or redelivery outside the state.Beginning January 1, 1986, such property shall not be deprived of exemptionsbecause while in the warehouse the property is assembled, bound, joined,disassembled, divided, cut, broken in bulk, relabeled or repackaged, orbecause the property is being held for resale or redelivery outside the state;provided that no property shall be entitled to exemption which, while in thisstate, undergoes any process of manufacture, fabrication, welding, solderingor substantial change of form or chemical composition.

(L. 1982 S.B. 476 § 2)