Quote Originally Posted by 10mm-man View Post
It would make sense to have the owner hold on to it until the BCG clears and then do the transfer. Sound like a mess brewing, doesn't it.........


^^^ to your post above; Were does it say I would have to take possession on the day I submit the BCG? Not sure it does; so running it through my books on at the time the transfer takes place would be ok. Speculation on this of course; we will have to wait and see....
I'm no FFL, but I did stay at a Holiday Inn once.

Due to the wait times experienced, I have to think I'm not the only one that has been "pre-filing" 4473 for transfers for guns ordered but not shipped. Since the BGC is good for 30 days, has no item disclosure when submitted, and can cover multiple purchases/transfers, I can't imagine any case where CO could override the Fed side of the 4473 regs.

So my theory would be owner maintains possession until actual transfer takes place.

My hope is that the BS bills die.