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Old December 5, 2008, 11:15 AM   #22
EOD Guy
Senior Member
 
Join Date: February 18, 1999
Location: Concord, CA, USA
Posts: 726
Quote:
Originally Posted by VaFisher
Quote:
That is incorrect. If you maintain your license active for over 20 years, you can dispose of the records 20+ years old. If you let you license expire, you can do whatever you want with your records, keep them or trash them.
X2
Yes, you may destroy your records when you are no longer licensed. BATF has stated that only licensees need to maintain their "bound books". Other licensees have to forward their business records to BATF when they are no longer licensed. Type 03 FFLs are not required to do so since they do not have "business records".

I have a letter from BATF that states that once collectors are no longer licensed, they are not required to maintain any of their records and can destroy them if they wish.
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