I see. As I have reviewed the ATF policies, it appeared that transfer to others could only be done as a sale at the time of transfer and by a licensed dealer. The policy is very sensitive to who buys it and what their intention is for its use. However, and as you and others have pointed out, a pre-pay agreement is OK. In my original statement, the (discovered unnecessary) catch was based on the need to keep the possession of the powder to a single individual to avoid the ownership transfer to another without the proper licensing. It would be no different than having your friends chip in on a keg of beer that you'd all drink together, provided each gets a rationed amount based on their contribution.
As I had said before, it's seems like more hassle than it's worth.
And just for the record, friends don't pay for beer at my house.
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SEMPER FIDELIS
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