Billmanweh
Member
He could have been a Class 2 SOT, but I think that's a $1000 a year license fee, not $500. Plus, you'd need a type 07 FFL (manufacturer of firearms), which is $150 for three years.
The Ruger AC556 is at the lower end, but I wouldn't want one.
Given that even with an SOT, a manufacturer is still required to have a letter from LEO/Gov't requesting a demonstration and prior approval from ATF before he can make a machinegun
that would get really dull with 5 rnd mags only...
I bought a Mac 10 for $100 and a Colt M16A1 for $800 in the early eighties. Should I regret selling them?
are you sure about that?
§ 179.105 (e) The making of machine guns on or after May 19, 1986. Subject to compliance with the provisions of this part, applications to make and register machine guns on or after May 19, 1986, for the benefit of a Federal, State or local governmental entity (e.g., an invention for possible future use of a governmental entity or the making of a weapon in connection with research and development on behalf of such an entity) will be approved if it is established by specific information that the machine gun is particularly suitable for use by Federal, State or local governmental entities and that the making of the weapon is at the request and on behalf of such an entity.