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Old October 28, 2009, 08:57 PM   #2
O6nop
Senior Member
 
Join Date: October 16, 2005
Location: Austin,TX
Posts: 291
It's a federal license so it is in effect anywhere in the US for eligible purchases.
You have to keep a log of your C&R purchases and sales (that ATF can audit), and you can only sell an eligible firearm from your C&R collection to improve or upgrade your collection. I think that means, though, that you can carry out private owner purchases, as anyone can do, without logging them.

I don't have a C&R, but I looked into getting one a few years back, so I hope this information is correct and current.
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