Form 1 Question

siggy210 · October 14, 2002, 10:34 AM

Can you start a Corporation to by-pass the CLEO signature on a Form 1 to have a SBR built? If so, what happen if you dissolve the Corporation later? Do you have to sell/transfer the item?

Thanks in Advance

The Rock · October 14, 2002, 04:31 PM

Yes, you must then transfer the item when the corp is dissolved.

TR

KarlPMann · October 14, 2002, 05:56 PM

Rock, is right you would have to transfer the firearm, however, I believe the CLEO signature isn't required when you do this if the weapon is transferred to an officer of the Corp.

If you like reading, go for this document for more info. Karl.

http://www.titleii.com/Bardwell/nfa_faq.txt

October 14, 2002, 10:34 AM	#1
siggy210 Junior Member Join Date: November 13, 2001 Location: Fort Lauderdale, FL Posts: 1	Form 1 Question Can you start a Corporation to by-pass the CLEO signature on a Form 1 to have a SBR built? If so, what happen if you dissolve the Corporation later? Do you have to sell/transfer the item? Thanks in Advance

October 14, 2002, 04:31 PM	#2
The Rock Senior Member Join Date: September 13, 1999 Location: Occupied VA, CSA Posts: 351	Yes, you must then transfer the item when the corp is dissolved. TR __________________ Molon Labe! Will YOU stand with ME?

October 14, 2002, 05:56 PM	#3
KarlPMann Member Join Date: October 14, 2002 Location: Woodland Park, Colorado Posts: 15	Rock, is right you would have to transfer the firearm, however, I believe the CLEO signature isn't required when you do this if the weapon is transferred to an officer of the Corp. If you like reading, go for this document for more info. Karl. http://www.titleii.com/Bardwell/nfa_faq.txt __________________ Happiness is a warm UZI. UZI-World.