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A C&R license allows you to buy the listed firearms without having to go through a FFL01 dealer. You can also get discounts on various firearms components. If you have already purchased your firearm through a FFL01 dealer than you should not list it as a C&R purchase. With a C& R license you have to maintain a secured location to store your firarms and that location is subject to local zoning and inspection by the BAFTE. You also have to maintain a written log of what C&R firearms you have purchased, from whom and who you have sold them to.
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