The idea of a 'club-gun'

[BHP FAN]

Since he was looking for a gun for his club,I assumed he already had one?

 

[XTerminator]

A Mosin-Nagant would be a perfect "club-gun".

When you have ammo it's a gun...............and when you don't it's a pretty darn good club.



Steve

 

[Cannonball888]

 

[BullfrogKen]

I've met up w/ a good bunch of shooters. We get together at least a couple times a month to talk guns usually, eat & drink too much and just be able to hang out.
The other day during our bbq, the idea of a 'club gun' came up. Maybe well all pitch in and buy something none of use could afford on our own that the club could enjoy -- or maybe a common firearm we all own. Something w/ could have engraved w/ a club logo.
My question -- what do you guys think I could nominate for club gun (make, model, caliber) at the next bbq?

I'm not sure I catch your drift.


Are you saying all you fellas are currently members of a gun club now, and you'd like to buy a gun for the club's use?


Or are you just a collection of friends, and you want to buy a gun that you guys will share among yourselves?

 

[rfurtkamp]

So how would you answer the questions on form 4473? ONE of you would have to fill it out. Could you answer the question "Are you the actual buyer?" without commiting pergury? Just asking.

Read the instructions for corporate/trust purchases on the 4473. You affix a letter stating it's being purchased for X, and fill it out normally.

You are in fact the actual buyer, on behalf of the entity.

If you don't have a formal entity for this purpose, you can make one.

 

[chuckusaret]

Form your club, become a LLC, then register with CMP and purchase some M1 Carbines or M1 Garands. Great shooters and very reasonable through CMP

In addition to the liability protection you might want to see if it is possible for the LLC to own the gun instead of any one individual. That way all individuals in the club can further distance themselves from liability since the gun is an asset of the club.

A group of us also looked into a club/LLC to allow us to purchase guns and large amounts of ammo at a reduced rate and also to possibly reduce shipping costs. There are many hurdles to jump and they all take one thing, lots of cash and time. We are still attempting to start a private gun club and range even though the odds are against it. Remember this is the land of the free as long as you get the governments approval first.

 

[Pack]

If it's for the purpose of owning just a few guns, it's relatively easy to set up a firearms trust to hold the weapon. People do this with NFA items, so I'm sure it can be done with the ownership of less-restricted guns, too. It's nice to have, because any member/officer of the trust can have the NFA paperwork and possess the gun legally at any time. It just gets around the need for the one person who's on the paperwork to always be wherever the gun is.

This also creates a strong fiduciary relationship between the members, which means they have greater duties to each other than in an LLC, etc. - it also means that the law in the area, should a dispute ever arise, is generally more well-settled and clear. It would even be possible, in some jurisdictions, to take care of any potential disputes quickly and easily in a less formal procedure before the probate court of the county in question, as opposed to the only recourse being a suit in normal civil court.

***The laws of each jurisdiction vary greatly, and I'm not dispensing legal advice, nor in any way do I intend for you to rely upon it. I am not yet a memebr of the Bar of any state***

I just wanted to make you aware of the fact that people do effectively use "NFA trusts" to hold their MGs, etc. and the BATFE is OK with it.