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Does the Brady law require a 5-day waiting period before a firearm can be transferred?

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Does the Brady law require a 5-day waiting period before a firearm can be transferred?

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No. Instead of waiting 5 days for a background check through a local law enforcement officer, licensees will initiate a background check through the National Instant Criminal Background Check System (NICS). For the most part, these background checks will be immediate. In some circumstances, however, licensees will have to wait up to 3 business days before getting a response from NICS.

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