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The Water Cooler
General Discussion
Anyone know a trustworthy FFL to transfer to?
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<blockquote data-quote="tyromeo55" data-source="post: 1493185" data-attributes="member: 1719"><p>As Randy Jackson would say -----You know your my Dog right? I'm only responding so there is no confusion and everyone can learn</p><p></p><p>27 CFR 478.125 </p><p></p><p>Generally, Licensees have to enter the acquisition or purchase of a firearm by the close of the next business day after the acquisition or purchase and shall record <u>sales or other dispositions within 7 days</u></p><p></p><p><u>However,</u> if <u>commercial records</u> containing the required information are available for inspection and are <u>separate from other commercial documents</u>, dealers have seven days from the time of the reciept to record the reciept in the bound book ..........................</p><p></p><p>So, the way I'm reading it........ yea, You could stretch the two day rule into 7 IF you ( as a company) had written the pertinent information down and kept it separate from your bound book OR had a commercial reciept with the information in it and was kept elsewhere...</p><p></p><p>So.,,,, Can we both be right?</p></blockquote><p></p>
[QUOTE="tyromeo55, post: 1493185, member: 1719"] As Randy Jackson would say -----You know your my Dog right? I'm only responding so there is no confusion and everyone can learn 27 CFR 478.125 Generally, Licensees have to enter the acquisition or purchase of a firearm by the close of the next business day after the acquisition or purchase and shall record [U]sales or other dispositions within 7 days[/U] [U]However,[/U] if [U]commercial records[/U] containing the required information are available for inspection and are [U]separate from other commercial documents[/U], dealers have seven days from the time of the reciept to record the reciept in the bound book .......................... So, the way I'm reading it........ yea, You could stretch the two day rule into 7 IF you ( as a company) had written the pertinent information down and kept it separate from your bound book OR had a commercial reciept with the information in it and was kept elsewhere... So.,,,, Can we both be right? [/QUOTE]
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Anyone know a trustworthy FFL to transfer to?
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