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Tag: acquisition and disposition records
Illinois Passes Public Act 100-1178 (SB 337) Mandating Electronic A&D for FFLs
The Governor of Illinois signed into law Public Act 100-1178 (SB 337). This legislation, titled the Combating Illegal Gun Trafficking Act contains the Firearm Dealer License Certification Act and the Gun Trafficking Information Act. The Firearm Dealer License Certification Act … Continue reading
Why our client’s line up legal support BEFORE an ATF audit happens
You’re a smart business owner, you know it’s important to stay compliant, stay organized and on top of your paperwork. You’ve got a great cloud based compliant bound book software (hint hint, it’s FastBound), so you don’t need to worry … Continue reading
Top 5 ATF Violations
According to the ATF website, during their fiscal year 2015 the ATF conducted 8,696 firearms compliance inspections. When an IOI’s (Industry Operations Investigator) conducts an inspection, the FFL holder’s ATF bound book is often the first place they look. The … Continue reading
How to: The ATF Compliant, 60 Second Firearms Transfer
Every time a dealer makes a transfer to another dealer both dealers have to record an entry in their firearm log book In other words, acquisition and disposition records must be created. And those records have to match exactly! Fortunately, … Continue reading