1. Every licensee shall maintain for three years a record of:
(1) Date of application of certificate of title of vehicles;
(2) Name and address of the owner;
(3) Name of the manufacturer;
(4) Vehicle identification number and year of manufacture;
(5) Style of vehicle;
(6) Odometer setting.
2. Any record kept pursuant to subsection 1 of this section shall be open to inspection by any authorized representative of the department, member of the Missouri highway patrol or any authorized peace officer during reasonable business hours.