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02-06-2002, 02:13 AM

BATFâ??s ALTERNATIVE form of FIREARMS REGISTERATION

(THIS IS A CUT AND PASTE FROM YOUR BATF LICENSE REG's)

[Question]

Must a licensee's records be surrendered to ATF if the licensee discontinues his business? [Top]

[Answer]

If the business is being discontinued completely, the licensed dealer, manufacturer or importer is required, within 30 days, to forward his records to the following address:

Bureau of ATF

Out-of-Business Records Center

882 T.J. Jackson Drive

Falling Waters, West Virginia 25419

Failure to surrender your required records is a felony and could result in the licensee being fined up to $250,000, imprisoned up to five years, or both. A licensee discontinuing business must immediately notify the licensing center in Atlanta, Georgia.

If someone is taking over the business, the original licensee will underline the final entry in each bound book, note the date of transfer, and forward all records and forms to the successor (who must apply for and receive his own license before lawfully engaging in business) or forward the records and forms to the ATF Out-of-Business Records Center. If the successor licensee receives records and forms from the original licensee, the successor licensee may choose to forward these records and forms to the ATF Out-of-Business Record Center. The successor licensee will begin business with a new set of records reflecting any beginning inventory on hand.

[18 U. S. C. 923(g)(4), 27 CFR 178.127]

[Question]

What records am I required to forward to ATF upon discontinuance of my business? [Top]

[Answer]

The records consist of the licensee's bound acquisition/disposition (A/D) records, ATF Forms 4473, ATF Forms 5300.35 (the Brady forms), ATF Forms 3310.4 (Report of Multiple Sale or Other Disposition of Pistols and Revolvers), and records of transactions in semiautomatic assault weapons. If the licensee was granted a variance to use a computerized recordkeeping system, the licensee is required to provide a complete print-out of his entire A/D records, and an ASCII tet file (conforming to common industry standards) along with a file description.

[27 CFR 178.127]

02-06-2002, 02:13 AM	#1
Viggo G Dereng Guest Posts: n/a	YOU HAVE TO SEE THIS ! [ Long ] BATFâ??s ALTERNATIVE form of FIREARMS REGISTERATION (THIS IS A CUT AND PASTE FROM YOUR BATF LICENSE REG's) [Question] Must a licensee's records be surrendered to ATF if the licensee discontinues his business? [Top] [Answer] If the business is being discontinued completely, the licensed dealer, manufacturer or importer is required, within 30 days, to forward his records to the following address: Bureau of ATF Out-of-Business Records Center 882 T.J. Jackson Drive Falling Waters, West Virginia 25419 Failure to surrender your required records is a felony and could result in the licensee being fined up to $250,000, imprisoned up to five years, or both. A licensee discontinuing business must immediately notify the licensing center in Atlanta, Georgia. If someone is taking over the business, the original licensee will underline the final entry in each bound book, note the date of transfer, and forward all records and forms to the successor (who must apply for and receive his own license before lawfully engaging in business) or forward the records and forms to the ATF Out-of-Business Records Center. If the successor licensee receives records and forms from the original licensee, the successor licensee may choose to forward these records and forms to the ATF Out-of-Business Record Center. The successor licensee will begin business with a new set of records reflecting any beginning inventory on hand. [18 U. S. C. 923(g)(4), 27 CFR 178.127] [Question] What records am I required to forward to ATF upon discontinuance of my business? [Top] [Answer] The records consist of the licensee's bound acquisition/disposition (A/D) records, ATF Forms 4473, ATF Forms 5300.35 (the Brady forms), ATF Forms 3310.4 (Report of Multiple Sale or Other Disposition of Pistols and Revolvers), and records of transactions in semiautomatic assault weapons. If the licensee was granted a variance to use a computerized recordkeeping system, the licensee is required to provide a complete print-out of his entire A/D records, and an ASCII tet file (conforming to common industry standards) along with a file description. [27 CFR 178.127]