Are licensed collectors required to turn in their acquisition/ disposition records to ATF if their collector’s license is not renewed or they discontinue their collecting activity?
No. The GCA requires the delivery of required records to the Government within 30 days after a firearms “business” is discontinued. A license as a collector of curios or relics does not authorize any business with respect to firearms. This is in contrast to firearms importers, manufacturers, and dealers who are licensed to engage in a firearms business. Therefore, the records required to be kept by licensed collectors under the law and regulations are not business records and are not required to be turned in to ATF when collector’s licenses are not renewed or collecting activity under such licenses is discontinued.[18 U. S. C.
Related Questions
- Are licensed collectors required to turn in their acquisition/ disposition records to ATF if their collectors license is not renewed or they discontinue their collecting activity?
- Must a licensed importers, manufacturers, or dealers records be surrendered to ATF if the licensee discontinues business?
- Are licensed collectors required to execute ATF Form 4473 for transactions in curio or relic firearms?
