| Author |
Message |
Mark_a
Ink's Still Wet on My License!
Username: Mark_a
Post Number: 2
Registered: 9-2002
| | Posted on Monday, October 14, 2002 - 7:31 pm: | |
Page 138, (E8), Federal Firearms Regulations Reference Guide:"A licensee may sell a firearm from his or her personal collection...provided the firearm has been entered in the licensee's bound book and transferred to the licensee's private collection at least one year prior to the sale." Does this apply to C&R licensee's? |
Cr_bearcat
Ink's Still Wet on My License!
Username: Cr_bearcat
Post Number: 7
Registered: 7-2002
| | Posted on Tuesday, October 22, 2002 - 10:35 pm: | |
Here is my interpretation of the regulation you are asking about. It does not apply to C&R licensees. It applies to a licensed manufacturer, importer, or dealer with respect to their personal collections. Below the answer to the question is the regulation number, 178.125a, which is on page 71. In part A it states that this reg is for manufacturers, importers, and dealers. In part B it states, "...the licensee has maintained the firearm as part of such collection for 1 year from the date the firearm was transferred from the BUSINESS INVENTORY into the personal collection or otherwise acquired as a personal firearm." So the way I read it, this reg pertains only to those transactions between a person's business inventory and personal collection. Also, while I am a fairly new CRuFLLer I have never read anything or been told by anyone that there is a 1 year period a C&R licensee must wait between buying and selling a firearm.
Brian F. Horton
Aerospace Engineering Student
Universtiy of Cincinnati |
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