Gun records to the ATF?

Status
Not open for further replies.
Yes, unless he has been in business for over 20 years. After 20 years you can destroy records older than that.

Greg
 
WOW ! This is scarey!

The best you could ever hope for is to purchase a gun and have the business burn up the next day. I wonder how many gun shop owners go through their files each day to make sure that the records over 20 years and one day get shreaded?

What is the ramification of sale of a business? If a 20 year old gun business sells, does the new owner keep the old records or do they all go to the ATF?
 
The requirement to surrender records at the close of business is very old.
 
Still no answer to my earlier question.

If the business changes owners, does that mean the old owner has to give up all of his old records?
 
Someone asked "If the business changes owners, does that mean the old owner has to give up all of his old records?"

and I believe an incomplete reply was provided. It's not required that the seller of the business forward the records to the ATF - it's optional.

The following comes from the ATF
http://www.atf.treas.gov/firearms/faq/faq2.htm

If someone is taking over the business, the original licensee will underline the final entry in each bound book, note the date of transfer, and 12 forward all records and forms to the successor (who must apply for and receive his or her own license before lawfully engaging in business) or forward the records and forms to the ATF Out-of-Business Records Center. If the successor licensee receives records and forms from the original licensee, the successor licensee may choose to forward these records and forms to the ATF Out-of-Business Record Center. The successor licensee will begin business with a new set of records reflecting any beginning inventory on hand. [18 U. S. C. 923( g)( 4), 27 CFR 178.127]
 
The following comes from the ATF...
Since when does the code prevent the ATF from doing it their way?

The current interpretation in my neck of the woods is this:

If you are an FFL resigning your license, you will forward your 4473s to us. Period...

Not saying that the interpretation is different in other areas, but expressing severe doubt.
 
Thought it was the 4473's and the bound books, too...

Or am I missing something?
 
Status
Not open for further replies.
Back
Top