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AR15.COM
Armory Sponsor
9/24/2009 5:57:32 AM EDT
I'm a former C-III Dealer (10+ years in business). Several friends and I are planning on getting into the business as a Corporate Class II entity.

A few questions

As I understand it, as a Corporate Class II all Officers of the Corporation can have in their possession a Title 2 weapon that the Coporation "Owns".
Correct?

A Class II CAN sell to a Non-SOT after an approved transfer
Correct?

As I understand it, there is also a $500 a year fee to the State Department if you are a Class II
Correct?

Thanks,
PursuitSS
9/24/2009 6:50:38 AM EDT
[#1]
Quoted:
I'm a former C-III Dealer (10+ years in business). Several friends and I are planning on getting into the business as a Corporate Class II entity.

A few questions

As I understand it, as a Corporate Class II all Officers of the Corporation can have in their possession a Title 2 weapon that the Coporation "Owns".
Correct?


Yes

A Class II CAN sell to a Non-SOT after an approved transfer
Correct?


Yes

As I understand it, there is also a $500 a year fee to the State Department if you are a Class II
Correct?

Thanks,
PursuitSS


The fee went up to $2250 last year.  http://www.pmddtc.state.gov/registration/index.html
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