General Discussion
In reply to the discussion: Trump Allows Sale of Device to Transform Firearms [View all]That's because you don't want to admit that the only experience you have with this subject is Google and not real life, which is obvious to anyone that knows this subject matter.... I have been involved with this for almost 40 years, so I have a little more experience with it than you do.
As a Class 3 dealer, YOU do not own the gun, the business/LLC/S-Corp owns the gun.... Just because you are holding a Post-86 sample that your company bought for possible sales to a law enforcement agency, it doesn't mean it is your personal gun. If you decide to close your shop, you cannot keep the gun because it belongs to the SOT/FFL, (Special Occupancy Tax holder). If you close your business, then you can then do one of several things....1) Surrender the gun to the BATFE or destroy it, 2) Transfer it to a local LE agency or 3) Sell it to another FFL/SOT as a dealer sample for them to offer an LE agency.
If you buy a TRANSFERABLE Class 3 firearm on the registry as an individual (even if you are a dealer), then you own the gun to do whatever you want with it...Post 86 firearms do not fall in that category.
Bottom line, you, I, Trump or Biden or the Dalai Lama cannot legally personally own a Class 3 firearm personally unless we buy it from the limited 1934-1968 Class 3 weapons that are already on the registry.
There are no more transferables entered into the registry WHATSOEVER,, PERIOD. This is codified in law GCA 1968....A Class 3 firearm is wildly regulated and in a whole other world compared to a simple AR15 that you bought at Rural King for $500.
I am not "fixated" on transferable...That term simply IS the definition of whether or not the gun is even allowed to be owned by anyone. If it isn't transferable, then you don't own it.
Edit history
Recommendations
1 members have recommended this reply (displayed in chronological order):