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Armory Sponsor
9/22/2006 2:56:36 PM EDT
First off, I have read the stickies, FAQ's etc.  I just want to be absolutely sure about the process.

1.  Do you have to purchase/pay for the Class III item before you send in the Form 4, or does the seller simply "hold" the item until the F4 clears?

2.  Can you get a form 4 approved before you actually find a Class III item you wish to purchase (to save time)?  Or do you have to include the product info with the form 4 upon initial application?  I think I already know the answer to this...

I realize these questions are probably really, really dumb, but I want to make sure that I understand the legal jargon and wording of the info properly.  

thanks,

Scott
9/22/2006 3:08:08 PM EDT
[#1]

Quoted:
First off, I have read the stickies, FAQ's etc.  I just want to be absolutely sure about the process.

1.  Do you have to purchase/pay for the Class III item before you send in the Form 4, or does the seller simply "hold" the item until the F4 clears?

You have to buy it beforehand; whether you pay part or all of the price up-front depends on whatever deal you and the seller work out.


2.  Can you get a form 4 approved before you actually find a Class III item you wish to purchase (to save time)?  Or do you have to include the product info with the form 4 upon initial application?  I think I already know the answer to this...

BATF will not process a Form 4 without the serial number of the specific item you are transferring. So no, you can't.


I realize these questions are probably really, really dumb, but I want to make sure that I understand the legal jargon and wording of the info properly.  

No problem. Asking questions is how we all learned about NFA.
9/23/2006 10:38:04 AM EDT
[#2]
thanks for the info.

Armory Sponsor