Expired FFL’s

When an FFL expires there are a couple of things that may have happened. They may have just renew their FFL, they may have received a whole new FFL, and sometimes they go out of business. It is recommended that you update the contacts as soon as you know there is a change.

  • Renewed FFL – When an FFL is renewed only the expiration date is changed. Lets use this FFL as an example. The current FFL number for the contact in your account is 9-01-772-01-0E-12345, expired on 5/1/20. The “0E” is the expiration date, the number is the year and the letter is the month. The contacts new FFL number is 9-01-772-01-3E-12345, and expires on 5/1/23.

    • In this example you would just update the contact in FastBound by clicking the Update Contact button.

      • You would continue to use the same contact for all acquisitions and dispositions.

  • New FFL – When an FFL changes their FFL to an entirely new FFL. This usually happens when a licensee changes their FFL type (01 to 07), they change their business type (Sole Proprietor to Corporation), or they reboot their FFL (start over).

    • In this example you would enter the new FFL info as a new contact. You can archive their old contact if you do not want to see it in your list.

      • You would use the new contact for all future acquisitions and dispositions.

  • Go out of business – When an FFL surrenders their FFL it is no longer valid and they can no longer deal in firearms. This usually happens when someone retires, closes their business, or their license is revoked by the ATF.

    • In this example you can just leave the contact as is in your account. You can archive their contact if you do not want to see it in your list.

      • You should never dispose to an expired FFL.

  • FFL Moved to New Address – Sometimes an FFL can move to a new address and their FFL may change but it’s still considered the same license.

    • In this example, We recommend that you enter the FFL as a new contact using their new FFL number.

      • You would use the new contact for all future acquisitions and dispositions.

If you would like more info about how to read an FFL to understand what all of the numbers mean you can check out our FFL Format Help Article.

Bookmark the permalink.

Comments are closed.

Top