A Bound Book is defined as follows:
E. RECORDS REQUIRED รข?? LICENSEES
(E1) What is a "bound book?"
A "bound book" is a permanently bound book or an orderly arrangement of loose-leaf pages which must be maintained on the business premises. The format must follow that prescribed in the regulations and the pages must be numbered consecutively. [27 CFR 478.121 and 478.125]
This is from the "FEDERAL FIREARMS REGULATIONS REFERENCE GUIDE" 2005 pg 181 which a licensee gets every year, and can be downloaded in PDF format.
As I interpret this, loose leaf pages with page numbers are OK. I record everything on computer in an Excel file and print any pages that change and insert them in to a 3 ring binder.
-- Dan
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