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I/my wife recently bought a C&R eligible gun from a regular FFL. It seems I have read that even if you didn't get the gun with your C&R, you still need to record it in your bound book. Correct?
So do you have a C&R License? Laws differ from state to state, but for most, Bound books are usually only needed for dealing and collecting. Meaning those with either C&R or some sort of FFL. If the gun is C&R eligible and you don't have a C&r License, there is no need for a bound book, just have it transfered to your local gunshop and the deal is done. However if you have your C&R license and purchased a firearm that meets the criteria for a C&R gun, Log it to be safe! Pics and all.
I have not seen such an interpretation (requiring any and all guns to be logged even if not acquired via the license) from the ATF in plain English and it makes no sense to me. I read the regs and as I see it, trying to grasp the bureaucratic mumbo jumbo, if you obtain a gun via the C&R it gets logged. To interpret otherwise raises many questions.
Do you have to log all your 50 year old guns already owned when you get the C&R? What if you don't have a record of acquisition dates and names of sellers on guns you have owned for many years prior to getting the C&R? Does this mean that guns you currently own must be logged if they turn 50 years of age after you get the C&R? Why log a gun you bought from an FFL dealer when it's logged in HIS book? Makes no sense.
Of course, gun laws rarely make sense. There's no harm in logging a gun NOT obtained by using the C&R license but I don't think it's legally required. The log is a record of purchasing activity involving your license. Seems to me that anything more goes beyond the scope of the law.
Simply put, if you owned it prior to being licensed it DOES NOT have to appear in your books.........if it's a C&R piece that you acquired after then you MUST, by law, enter it in your bound book. However, if you elect to dispose (sell) that prior owned piece then you have to log it.
You do not have to enter non-C&R pieces, you do not have to send your bound book to the ATFE if you don't renew your license..............you also don't have to do a 4473 or nics when you buy on that C&R license.
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