View Full Version : Just applied for C&R license
November 24, 2010, 03:30 PM
I just submitted my application for C&R license and I am pretty excited about it. I am also out of the loop regarding what I need to do to conduct transactions according to the law. Any direct advise or help finding a good primer would be appreciated.:D
December 6, 2010, 08:50 AM
They will send you a FFl. Do not sign the original (save that to make photocopies). Make a few copies and sign those. Mail or bring a signed copy to the seller and that is it. You must also start a bound ledger book to record your C&R purchases. Must list from whom and when you purchased it, serial numbers and then the date and to whom you sold it to.
Remember that as a C&R you are a collector and not a gun dealer so you have to limit what you sell out of your collection.
December 6, 2010, 04:14 PM
You will also receive a large manila envelope containing printed material and a DVD which will answer most of your questions.
December 7, 2010, 04:49 PM
BTW that "bound book" is just a legal term. You can use a 3 ring binder as all the entries are numbered. Some are available on the internet. Just be sure to add the required info immediately and dont just scratch it on a gunshow price ticket then lose it before you get home :D
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