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March 21, 2016, 05:23 PM | #1 |
Junior member
Join Date: May 16, 2008
Posts: 9,995
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Purchasing shotgun for 501C3
I'll check with a legal authority, but wanted to do a little research before I make the call.
I know of a Junior trap team purchasing "loaner" shotguns for the coming season. Just so happens I have an acquaintance with one of the brand and model they are after in the back of his safe. Bought from a dying friend who couldn't legally pass it to heirs at a good price. I'd been considering the purchase myself as it is a good deal, but I would need to use the money set aside for my Benelli M2, and I am hesitant to do so. I am wondering how it could be transferred to the organization which is organized as a 501C3. Can I purchase it and transfer it to them? Do I need someone from the organization to make the buy? Since it is a corporation, can I act as their agent and purchase for them? The organization includes one or more FFLs who would likely make any necessary transfer for free. Since it won't be crossing state lines, can I act as a courier? I wouldn't normally mess with such a transfer, but, you know, it's "for the children." |
March 21, 2016, 05:48 PM | #2 | |||||
Senior Member
Join Date: January 23, 2006
Location: Plano, Texas
Posts: 3,073
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if buying a firearm from a licensed dealer, then an officer of that organization fills out the Form 4473 and provides the dealer with a written statement that the firearm is being acquired for and will be the property of the organization. (see instructions to Question 1. on the 4473) Quote:
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Need a FFL in Dallas/Plano/Allen/Frisco/McKinney ? Just EMAIL me. $20 transfers ($10 for CHL, active military,police,fire or schoolteachers) Plano, Texas...........the Gun Nut Capitol of Gun Culture, USA https://www.youtube.com/watch?v=pELwCqz2JfE |
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March 21, 2016, 06:12 PM | #3 |
Junior member
Join Date: May 16, 2008
Posts: 9,995
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To clarify, I won't be funding the purchase, at least not in full. I may bite off a piece of it, but definitely not the whole thing. Not a Mossberg 500 were talking about.
Last edited by johnwilliamson062; March 21, 2016 at 06:22 PM. |
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