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AR15.COM
2/25/2013 6:50:10 PM EDT
There is a thread over in GD regarding a New York Times article on using "trusts" as a loop hole towards Class 3 ownership.

http://www.ar15.com/forums/t_1_5/1447072_Trusts_Offer_a_Legal_Loophole_for_Buying_Restricted_Guns_____going_after_class_III__silencers__SBR_s.html

While the NYT article is an abomination, one of the contributors in the thread pointed out that ATF is changing the requirement for a LEO signoff on NFA items.

The link below, seems to indicate that there is in fact movement in that regard.

http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201210&RIN=1140-AA43

If I am understanding the information at the .gov link, this does in fact eliminate the LEO signoff requirement for individuals and standardizes the application process for both individuals and trusts for Class 3 ownership.

I know that recent legislation eliminated the letter approval requirment for machine gun ownership. This change in ATF policy would also seem to now eliminate even the need to get CLEO signoff on the Form 1.

Has anyone else heard anything along these lines and I am understanding this correctly?

2/26/2013 1:14:54 PM EDT
[#1]
People have been talking about the cleo signature removal and finger prints for trusts for over a year. A lot of people in counties that would sign were all excited and nothing ever came of it.
2/26/2013 2:15:38 PM EDT
[#2]
Quoted:
People have been talking about the cleo signature removal and finger prints for trusts for over a year. A lot of people in counties that would sign were all excited and nothing ever came of it.


I am hoping that this comes to pass. Maybe a Class 3 dealer will post an update on here.
2/27/2013 5:31:15 AM EDT
[#3]
from what my engraver (who is a class II) said that ATF will be doing away with CLEO sign off this year and possibly requiring finger prints and photos on all trustees on a trust
2/27/2013 6:40:47 AM EDT
[#4]
Quoted:
from what my engraver (who is a class II) said that ATF will be doing away with CLEO sign off this year and possibly requiring finger prints and photos on all trustees on a trust


That tracks, with what I am reading.