Ffl 03 bound book requirements

I did print up and made a bound book to log all my acquisitions and do not expect to dispose of any of them. When i let my license expire in 04, i sent my loose leaf bound book into batfe and there was no problem. We have developed new software to comply with atf new ruling 205 for ffl dealers, manufacturers, and importers. Curio and relic faq read me first maryland shooters. This is because every ffl will at some point acquire, and. A federal firearms license ffl is a license in the united states that enables an individual or a company to engage in a business pertaining to the manufacture or importation of firearms and ammunition, or the interstate and intrastate sale of firearms. Gun shop software firearms dealer software ffl dealer. The ffl bound book is at the heart of a gun business. Features atf ffl bound book software home fastbound. Ffl tutorial atf electronic bound book data fields youtube. I receive a firearm receiverframe from another licensed manufacturer with the intention to incorporate the receiverframe into a complete firearm that i will sell, but later i decide to sell the receiver as is.

Meets and exceeds the atf compliance standards atf ruling 20161 for electric bound books and gives you the ability to totally automate the process and focus on your business, not your backups. Should you ever get audited, it will look better when you hand the agent a organized bound book, instead of a stack of loose papers that could have come from anywhere. Purchase new egoss accounts call egoss sales at 14809910046 or visit the purchase page to start saving time and money with automated ffl log books. The batfe may at any time request to inspect your book. This is a discussion on ffl documentation requirements. Modern guns you bought outside of your license do not go in your bound book. Atf approved bound book acquisition and disposition bound book gun record log for ffl federal firearms dealers. How to apply for a federal curios and relics gun collector. If you dont use your ffl when buying and selling firearms from your personal collection you are a considered a nonlicensee for those transactions. Getting your own ffl the pros and cons the truth about. Save money and time by ordering your laboratory notebooks, log books, blank books, journals and madetoorder books factory direct from bookfactory. Ffl number what it means and how to look it up rocketffl. The format must follow that prescribed in the regulations, and the pages must be numbered consecutively.

Gun collectors log book highest quality with atf documentation. By getting your federal firearms license ffl, you not only get access to the manufactures cost of firearms thus skipping the middleman, you can also turn around and sell those guns to your friends, family, colleagues or any interested buyer. Does the government sell firearms acquisition and disposition record books for. Lookbooks for guns is the premier atf compliant electronic log book software system. In the long run, i still want the license, but if i understand things correctly, i can let it lapse and then submit the info for a new license later and at that point everything already in my collection will not be required to be in my new bound book and is therefore not eligible for an audit. The gun control act of 1968 requires ffls to keep and maintain acquisition and disposition records throughout course of business. Each licensee is required to keep a bound book that lists your acquisitions and dispositions of any firearms you acquire. Subscribe to receive news and update from the bureau of alcohol, tobacco, firearms and explosives. A bound book is a permanently bound book or an orderly arrangement of looseleaf pages which must be maintained on the business premises. California state law prohibits all ffl holders other than ffl type 03 or type 06 from delivering, selling, or transferring a firearm to a ffl in california unless, prior to delivery, the licensee intending to deliver, sell, or transfer the firearm obtains a verification number from the doj. However, there is another, less wellknown, type of ffl that is designed specifically for individuals who want to buy certain types of gun for their personal collection.

Rk enterprises has been in the ffl supply business since 1982, we offer our best seller the entry log book that is so popular with our 18,000 customers we deal with. Just print it out and keep it in a folder or binder. To learn more about making, distributing or selling firearms while complying with atf. I just checked my bound book 03 ffl, but same record keeping template as 01 ffl and the dealer isnt required to get the. Dont worry that your bound book will cause a compliance mistake, fastbound is always up to date and back that up with legal defense. Ffl requirements the federal firearms license application. Bookfactory lab notebooks, log books and engineering notebooks. Once you have decided to make an application for a federal firearms license commonly referred to as an ffl, send the completed application to the atf post office box listed on the application form, application for license ffl atf form 77cr. The left page of the bound book contained the ffls firearm acquisition information and the right page of the ffls bound book records listed firearm disposition information. Unlike most of the ffl bound book software systems, we are an ffl dealer. How much time does a licensee have to record the acquisition and disposition of firearms. Tobacco and firearms the ability to regulate businesses engaging in firearms sales and service and sets out the federal firearms license requirements. Over 50 is the general requirement, but htere are many others.

With a few clicks you will know exactly where your inventory and money is. It is the book where every single firearm acquisition by read more. One said the book had to be bound and the other two said that loose leaf was sufficient. Ffl stands for federal firearms license and is required before a person or business can become involved in either the selling or. I never figured i would buy more than three or four guns with my class 03 ffl. We built this for us and other firearms manufacturer, dealers, and importers. This tagging and bound book requirements only apply if you store your personal firearms at your place of business. Because youre now an ffl, you need to keep something called a bound book.

A permanently bound book is a much safer form of record keeping. In either event, the format must follow that prescribed in the regulations and the pages must be numbered consecutively. You know that there will be requirements to maintain a book of acquisitions and dispositions, including individually itemized information from each firearm and concerning each transferee. What are curios and relics and do i need a type 03 ffl. The class 03 sot is a special license and tax for businesses engaged in the manufacturing andor dealing of nfa items like silencers, destructive devices, machine guns and shortbarrel rifles or shotguns.

When i got my ffl in 79 i asked this question of three different agents. Record required licensees bureau of alcohol, tobacco. I dont want to get something that is going to be a bigger pain in the butt than its worth. Dec 17, 2017 atf ruling 20161 establishes the requirements for an electronic bound book used by federal firearm licensees. All other records and forms are automated through the retail sales process. You can become the goto guy in your circle of friends in no time. Jul 10, 2014 chances are that just this oneparagraph reminder of the responsibilities of ffl holders means that some of you just dropped thoughts of picking up the ffl for curios and relics, even if you are eyeing a russian capture rifle from the eastern front. A bound book is a permanently bound book or an orderly.

Answers to common questions about firearms recordsbound book entries. Holding an ffl to engage in certain such activities has been a legal requirement within the united states since the enactment of the gun. This is the best way for gun collectors to document their. It dictates the information fields required, the specific format that must be followed and, among other things, it dictates the timing of when entries must be made. The federal firearms license was established to implement the gun control act of 1968.

A bound book is a permanently bound book or an orderly arrangement of looseleaf pages, which must be maintained on the business premises. This book also called gun log book or ffl log book. Since this information is a bit complicated, i want to be 100% clear that were talking about the requirements to sell suppressors not to buy them. Sign in your online ffl log books registered egoss license holders sign in to access your online ffl log books, reports, backups, and more. One question do i send copy 2 to the cleo at the same time i send the app to the batf or after i get approved. I just checked my bound book 03 ffl, but same record keeping template as 01 ffl and the dealer isnt required to get the dl number for acquisitions. Gun log book atf bound book firearms log book ffl log.

This sturdy firearms record album will withstand frequent handling, making it an excellent choice for gun shows and firearm exhibits. Clicking on the download now visit site button above will open a connection to a thirdparty site. The 1968 act was an update or revision of the federal firearms act of 1938 ffa, which required all manufacturers and dealers of firearms who ship or receive firearms or ammunition in interstate or foreign commerce to have a license, and forbade them from transferring any firearm or most ammunition. Ffl holders are also required to keep a registry of firearms sales in an atfapproved bound book, or a. So, you wish to join the ranks of the few, the proud, the type 03 ffl holders. This allows an individual to buy and sell curio and relic firearms directly. Yes, 4473s for customer purchases are very important too most violations of the law come from these. Each licensee is required to keep a bound book that lists your acquisitions and. Theres a couple appropriate responses to your question. Federal firearms license ffl log book gun log book, 100. Unlike most ffls, which are for dealers, gunsmiths, manufacturers and importers, the type 03 ffl is intended to make gun collecting easy.

Atf ruling 20161 establishes the requirements for an electronic bound book used by federal firearm licensees. Proudly display your antique gun collection in this handsome bound book. Buy or make a bound book and read all the laws and information pertaining to. It records things like serial numbers, calibers, where you picked up. This license is the most limiting and restrict of all ffl licenses and very different from other types of ffls. They will go to my son or be sold all at once upon my. How to apply for a federal curios and relics gun collectors license. Our systems also comply with atf ruling 20108 manufacturer requirements and atf ruling 20111 importers requirements. The application must be accompanied by the proper application fee, which you can pay by.

Getting your own ffl the pros and cons the truth about guns. The core records for every ffl are the ffl bound books. Apply for a license bureau of alcohol, tobacco, firearms. Federal firearms license ffl log book wireo version designed for the specific requirements of firearms dealers. Often people are referring to the type 03 sot when they say class 3 ffl. Bound books can be found at the vendors and links provided below. The book can actually be bound like a ledgertype book or could be a loose leaf sheet kept organized and bound in a. Generally, for licensed dealers the purchase or other acquisition of a firearm shall be recorded not later than the close of the next business day following the date of the acquisition or purchase.

This is because every ffl will at some point acquire, and probably dispose, at least one firearm. I received a packet from the atf but its not very clear on exactly what records i need to keep. The atf website says the bound book, or records, for the ffl must show that the ffl holder pulled the. I have also heard that you have to pay a tax on guns that you get with your license.