We are regularly asked to help people setup their FFL properly. One of the biggest problems with many FFL’s is that they use regular operating agreements or corporate bylaws. There are some specific issues why using a canned or shell company documents may not be appropriate and why you should…
NFA Gun Trust Lawyer Blog
Original Trust or Copy to ATF with Form 4 or Form 1
We often get asked questions regarding sending the original trust to the ATF. You should never send your original trust. You should only send a copy. The ATF have been known to have lost applications in the past and they never send back your original trust. If your Gun Trust…
Georgia Senate Passes legislation to legalize hunting with a silencer
On Jan 31st the Georgia Senate passed a bill to authorize the use of silencers on hunting firearms under certain circumstances and repeal conflicting laws. On Feb 1st 2012 the bill was sent to the house. Here is a link to see the current status and the bill.
Indiana Senate passes bill regarding hunting with a silencer
Looks like Indiana is about to legalize hunting with a silencer as long as used legally and with the permission of the owner of private property. Illegal use of a silencer would be either a Class C or Class B misdemeanor. For the text of the bill or current status…
Bonnie and Clyde Thompson Machine Gun Sold for over $150,000
I knew this one would sell for a high price but had no idea that anyone would pay such a large amount of money for this Gun. While the gun sold for $130,000 there was a 17% buyers premium which brought the actual cost of the firearm to over $150,000.
Masterpiece Arms Suppressor announced at Shot Show
Masterpiece Arms, manufacturer of Semi Automatic SMG Pistols and Carbines and Subcompact Conceal Carry Semi Auto Pistols, is expanding their product offering to include 3 new 22 LR Sound Suppressors starting at less $249.99. These are low-cost suppressors but no data on sound suppression has been released intentionally They state:…
Can I own a pistol and a shoulder stock that can be attached or is this a violation of the NFA?
Owning a pistol and a shoulder stock that can be attached where the barrel is less than 16 inches and the length of the firearm is less than 26 inches is a violation of the NFA without an approved Form 1. There are certain exceptions for some items which have…
How Much Does it cost to be a Class III Dealer, Manufacture, or Importer?
Besides complying with the other requirements for being a FFL, if you want to become a manufacture, seller, or importer of Title II firearms there are several licenses you may need. These include the following and the fees are yearly fees. 1. Importer of Title II Firearms $1000.002. Manufacturer of…
Bonnie and Clyde Thompson Machine Gun up for Auction
This historic Tommy Gun is believed to have been owned and used by the outlaws Clyde Barrow and Bonnie Parker. The seller’s great-grandfather, who was in law enforcement at the time, was given the gun by another peace officer who had seized the weapon after a raid on the pair…
May a private citizen who owns an NFA firearm which is not registered have the firearm registered?
No. The NFA permits only manufacturers, makers, and importers to register firearms. Mere possessors may not register firearms. An unregistered NFA firearm is a contraband firearm, and it is unlawful to possess, purchase, sell, or use the weapon. There are certain exceptions for items that were brought back from a…