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My .02 on the original post: If you do not already have the weapon in your possession, I would have the M2 parts removed and destroyed. Then you could (I believe) legally obtain the barreled receiver and go from there. You would never have been in possession of anything illegal, and as has been discussed, the receivers are identical except for the model number markings. But I would check with ATF and see if the thing had been registered at any time first.
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