If someone was to become a class 3 dealer and, in fact, deal in class 3 firearms for an amount of time then shut down his business, does he get to keep his inventory? For arguments sake, lets say he made a good faith effort at being a firearms dealer to police departments and maybe even overseas borrowers (following all the rules). The way I see it he did not obtain the permit with the intent to increase his personal collection, even though that was the result.
Someone obtains class 3 permit but only occasionally sells firearms to PDs & other entities that can legally possess new MGs, however, dealer has a larger inventory than is warranted based on current business and frequently “tests” items in his inventory. Is this situation legal?
1: Pre-Samples OK to keep. Posties have to go bye-bye....
2: Likely a tax evasion issue. You go bye-bye...