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Could someone give me a quick rundown on what's up with this? Im new into shotguns but have been dealing with nfa stuff alot within the past few years, and I hvaemy heart set on a benelli m4 h2o.
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922(r) It shall be unlawful for any person to assemble from imported parts any semiautomatic rifle or any shotgun which is identical to any rifle or shotgun prohibited from importation under section 925 (d)(3) of this chapter as not being particularly suitable for or readily adaptable to sporting purposes...
So basically, by "assembling" the shotgun using aftermarket parts, you have now come under the purview of 922(r) and in order to remain compliant with the law, must satisfy the requirement of having no more than 10 imported parts of the following 20:
(1) Frame/receiver
(2) Barrel
(3) Barrel extension
(4) Mounting blocks (trunions)
(5) Muzzle attachment
(6) Bolt
(7) Bolt carrier
(8) Operating rod
(9) Gas piston
(10) Trigger housing
(11) Trigger
(12) Hammer
(13) Sear
(14) Disconnector
(15) Butt stock
(16) Pistol grip (Counts only if separate from buttstock, so for the Benelli M3 they are not separate parts and count as one)
(17) Forearm/hand guard
(18) Magazine body (Magazine Tube)
(19) Follower
(20) Floorplate
Of those 20, only 13 really apply to the Benelli M4:
(1) Receiver
(2) Barrel
(3) Bolt
(4) Bolt carrier
(5) Gas piston
(6) Trigger housing
(7) Trigger
(8) Hammer
(9) Disconnector
(10) Buttstock (with integral pistol grip)
(11) Forearm/handguard (forend)
(12) Magazine body
(13) Follower
So in order to remain in compliance you need to replace enough parts, so that only 10 or fewer of those parts in that list are imported parts. This is what the OPs chart references and breaks down for you.