I asked this question in a thread over in general but it went unanswered.
Lets say I meet with, who I think is a reputable class 3 dealer, and purchase a FA weapon. I pay the 15k+ asking price, and the transfer fees. We fill out all the proper paperwork, using my existing trust, and are now playing the waiting game. While waiting, something serious happens to the dealer (as in Ponca City recently) all guns, including mine, are seized by the ATF/local police/whoever.
What is going to happen to my gun, my already paid money and my pending tax stamp in a situation like this?
I do not currently have this happening, although I have been shopping/looking for some FA guns. I would have never even thought of something like this happening, but it just did. There is one person who has already posted on this forum to be in this exact situation, and I am sure there are probably more. This just really got me thinking about what could happen after I hand over a large amount of money and then have to wait on the approval for 3 months. A lot can happen in 3 months.
Lets say I meet with, who I think is a reputable class 3 dealer, and purchase a FA weapon. I pay the 15k+ asking price, and the transfer fees. We fill out all the proper paperwork, using my existing trust, and are now playing the waiting game. While waiting, something serious happens to the dealer (as in Ponca City recently) all guns, including mine, are seized by the ATF/local police/whoever.
What is going to happen to my gun, my already paid money and my pending tax stamp in a situation like this?
I do not currently have this happening, although I have been shopping/looking for some FA guns. I would have never even thought of something like this happening, but it just did. There is one person who has already posted on this forum to be in this exact situation, and I am sure there are probably more. This just really got me thinking about what could happen after I hand over a large amount of money and then have to wait on the approval for 3 months. A lot can happen in 3 months.