C&R and CMP

[Pector55]

I was transfering my records of C&R purchases over to my new hard cover bound Acquisitions and Dispositions book tonight and I realized that I never recorded the M1 Garand that I purchased through CMP. Does this gun need recorded there since it was purchased through CMP?

After writing it all, I got a cramp in my right hand. That made me feel good. LOL I have to more on the way. After that, I'll stick to my old story that I used in May, June, and July... "I'm done for the year."

[Vig]

My understanding of the bound book rules is that if you didn't purchase the firearm with your C&R you needn't log it. If I were in your position I wouldn't log your Garand.

[armabill]

Note: You do know what happens to your C&R Acquisitions and Dispositions bound book once you don't have the license anymore.

I wouldn't put it in there either, unless you decide to sell it to someone else as a C&R using your license for the sale.

[Steve in PA]

If you had the C&R when you bought the rifle, whether you used it or not to get the rifle, the rifle needs to be logged.

If you bought the rifle prior to getting your C&R, then you don't need to log it in, but you would need to log it out if you sell it.

Also, once you no longer have your C&R, you can do anything you want with the bound book. You do NOT have to send it to anyone.

From the ATF site;

(G8) Are licensed collectors required to turn in their acquisition/disposition records to ATF if their collector’s license is not renewed or they discontinue their collecting activity? [Back]

No. The GCA requires the delivery of required records to the Government within 30 days after a firearms “business” is discontinued. A license as a collector of curios or relics does not authorize any business with respect to firearms. Therefore, the records required to be kept by licensed collectors under the law and regulations are not business records and are not required to be turned in to ATF when collectors' licenses are not renewed or collecting activity under such licenses is discontinued.

[18 U.S.C. 923(g)(4), 27 CFR 478.127]

[armabill]

Yes, Steve is correct on all counts.

[Steve in PA]

I should clarify my response in that you only need to log in or out firearms that are on the C&R list.

If you buy a firearm that is not C&R, it does not have to be logged.

[Pector55]

Originally Posted by Steve in PA

If you had the C&R when you bought the rifle, whether you used it or not to get the rifle, the rifle needs to be logged.

If you bought the rifle prior to getting your C&R, then you don't need to log it in, but you would need to log it out if you sell it.

Also, once you no longer have your C&R, you can do anything you want with the bound book. You do NOT have to send it to anyone.

Thanks Steve. I was aware of the bound book not being required to be handed in since it was not a business. I just wasn't sure about adding the CMP purchase since it did not require the C&R. I guess I have to log it since I had my C&R when I ordered and received the rifle. ...just trying to stay legal here.

[danws2]

This link should clarify what is required.

http://www.atf.gov/firearms/011801ffl.htm

[Zef_66]

I used my C&R FFL as an example of my marksmanship (still not sure how that works). So not sure if it would need entered or not. But I would say it is better to have it logged in your bound book, than not have it entered.

When mine comes, it will go in the C&R bound book.

[Pector55]

Originally Posted by Zef_66

I used my C&R FFL as an example of my marksmanship (still not sure how that works). So not sure if it would need entered or not. But I would say it is better to have it logged in your bound book, than not have it entered.

When mine comes, it will go in the C&R bound book.

Bottom line is that we have to. Anytime I don't need to document something, it's better not to. That was why I asked. Especially with a semi-auto that I'm not ever going to hand over to anyone with no fari amount of money in return. (should they ever ban them)

At minimum, someone will pay what I paid plus the net present value difference.