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In order to get a collapsible stock "black" M4 you need to buy a standard M4 and replace the stock with a collapsible one.
To be legal and meet 922 you will need to change out at least 3 parts (I think).
Carriercomp.com and freedomfightertactical.com sell US made parts to be compliant.
Right - ONLY the H2O is composed of 100% Italian-made parts AND is for sale to the public. SOMEHOW, it gets around section 922, but the black color doesn't.
NO ONE knows why (or at least they are not saying WHY).
I believe they are getting around 922 because the new H20 version is assembled in the US. The standard "Black" ones are still imported from Italy fully assembled.
This is not 100% positive, but I think that this is the case.
I have been putting off calling my Benelli rep to ask him what the deal was with the H20 but I called him today and asked him. I then called Benelli direct and asked them to make sure what I was told was solid.
The Benelli M4 H20 is imported as a full firearm into the United States. It is then disassembled at their warranty repair service station, sent off to Robar to have the NP3 coating done, and then reassembled. The reason why this does not have to have 922r compliance is because by having Robar NP3 coat it, it becomes 'Modified' and that satisfies the requirement of the ATF and Customs.
Everyone tracking?
Thank you. FINALLY someone else confirms what Benelli reps were saying at SHOT. There is a little more to the story here (and a reason you can't spray paint a gun in your garage to get around 922r):
About 3 or 4 years ago, our alphabet friends went after many licenesed (FFL) gunsmiths. They argued that by adding sights, changing hammers, etc, the gunsmiths were "manufacturing" a new gun and had to pay the excise tax for manufacturing. Apparently, ROBAR was threatened & started paying up.
Apparently, Benelli figured out: if ROBAR treatment constitutes "manufacturing," then the "manufacture" happened here and the gun is now "U.S. made." Hence, 922 not applicable. However, unless YOU are a licensed "manufacturer" like ROBAR, YOU cannot get around 922 this way as far as I can tell.
Still, there are possibilities here. Imagine ANY foreign-made assault rifle now banned from import: if you can get it into the U.S. for LE sales, and then have it ROBAR'ED, it could be sold to civilians. Trick is getting the importers to play ball. And tolerating "pimped" silver colored imports & the cost to do so.