ATF has released Procedure 2017-1 which addresses the ATF’s interpretation of law regarding how a federal firearms licensee is required to handle private party sales between non-licensed individuals.
The procedure outlines requirements that a dealer must satisfy to handle private party sales and what has to be done if a proposed sale does not immediately result in an approval on the background check.
Individuals who are doing private party sales that decide to involve a dealer for the transfer and those who are required to use a dealer for the transfer (for example, an interstate sale) should review this new procedure and be familiar with it.
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