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"when you're happy you enjoy the melody but, when you're broken you understand the lyrics".
The FFL never exchanges funds in this scenario and isn't the broker. He only paid his transfer fee for the service of a "background check." If a buyer fails a check, what happens? Seller walks out with his gun.
A camera isn't checking the serials. So again, there is no policy benefit here other than stomping on gun owners and legally endangering FFLs.
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CBI shouldn?t even be involved in the process. The whole thing started is a scam designed to make it harder and more expensive for law abiding people to buy and sell firearms.
Your friend is mistaken as well. The ffl does not take in the firearm. They never own it and it never goes on their books.
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It is terrible to contemplate how few politicians are hanged. - The Cleveland Press, March 1, 1921, GK Chesterton
Is that semantics? I mean, is it really property of the FFL at any point during the private party transfer? Or do they just act as a legal agent for the state in such a regard as confirming pertinent info and assisting with the BGC?
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It is terrible to contemplate how few politicians are hanged. - The Cleveland Press, March 1, 1921, GK Chesterton
Never complain; never explain.
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I think it's mostly semantics, yes. Unless the dealer believes that once it is on their FFL books, they must perform a BGC to transfer it out to anyone. This becomes a problem if the buyer on a private sale is rejected by the system. The dealer would then be obligated to run a BGC on the seller before he can let him leave with the firearm, because it's in his books.
Never complain; never explain.
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In this thread we see who has no idea of the requirements of a FFL.
It's not semantics, it is law.
A- A FFL cannot lawfully "Transfer" an asset unless it is logged into their books.
B- The minute a FFL logs an asset into their books regardless of circumstances it is known as an "Acquisition" and therefore, is the possession and responsibility of the FFL until it is "Disposed"(Transferred) of.
C- Unless the FFL is Disposing/transferring the asset to another FFL a 4473 and ensuing BGC must be performed on the party the asset is being transferred to regardless who they are (even the party selling/transferring the asset and wishing to reclaim it).
From HB-13-1229
(b) A LICENSED GUN DEALER WHO OBTAINS A BACKGROUND CHECK
ON A PROSPECTIVE TRANSFEREE SHALL RECORD THE TRANSFER, AS PROVIDED
IN SECTION 12-26-102, C.R.S., AND RETAIN THE RECORDS, AS PROVIDED IN
SECTION 12-26-103,C.R.S., IN THE SAME MANNER AS WHEN CONDUCTING A
SALE, RENTAL, OR EXCHANGE AT RETAIL.THE LICENSED GUN DEALER SHALL
COMPLY WITH ALL STATE AND FEDERAL LAWS, INCLUDING 18 U.S.C. SEC.
922, AS IF HE OR SHE WERE TRANSFERRING THE FIREARM FROM HIS OR HER
INVENTORY TO THE PROSPECTIVE TRANSFEREE
The most important thing to be learned from those who demand "Equality For All" is that all are not equal...
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The only thing most FFLs get wrong is that the asset is not required to be entered into their books for them to initiate a private party sale background check.
It only goes in the book if the transfer is approved, then it goes on the book and immediately off the book to the transferee. If the sale is delayed or denied, the FFL just notes that it was an incomplete private party sale background check on the 4473, which must be retained for 20 years per regulations. See ATF Procedure 2017-1 and read the back of the 4473 for full instructions.
"The only real difference between the men and the boys, is the number and size, and cost of their toys."
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