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Got it. Thanks.Gunslinger808 said:They’ll attempt to deliver it the next day.
Or they can pick it up at a hub, either way will work.
Racewin said:Got it. Thanks.Gunslinger808 said:They’ll attempt to deliver it the next day.
Or they can pick it up at a hub, either way will work.
If/when an FFL decides not to renew their license, what happens to any inventory that they don't sell?
QuietM4 said:Racewin said:Got it. Thanks.Gunslinger808 said:They’ll attempt to deliver it the next day.
Or they can pick it up at a hub, either way will work.
If/when an FFL decides not to renew their license, what happens to any inventory that they don't sell?
They can sell remaining inventory to another dealer, or it can be transferred to them personally.
Gunslinger808 said:If they are an LLC, NFA items that could be on a form 4 can be kept as long as the LLC isn’t desolved, or can be submitted on form 4s.
Post 86 samples either have to be demilled or turned in to the ATF, in my case I’ll turn my MP5s into parts kits.
Not sure about sole proprietorship.
Gunslinger808 said:The LLC can be sold or have members changed after filing and getting approval from the corporate commotion.
As to the firearms, again with approval from the ATF the firearms can be transferred with the LLC.
NOTE...
These are based off of conversations I’ve had with the ATF, as always, to be sure contact them for a definitive answer, I’m no lawyer, and really their positions on things change so often that what was true yesterday may not be today.
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