There's lots of information available on the ATF website, but you have to do a lot of digging to find it all.
[b]Special Notice[/b]
[url]http://www.atf.treas.gov/firearms/011801ffl.htm[/url]
[b]C&R FAQ[/b]
[url]http://www.atf.treas.gov/firearms/nlc/ffl/faqs_collect.htm#q3[/url]
[b]Gun Control Act of 68[/b]
[url]http://www.atf.treas.gov/pub/fire-explo_pub/gca.htm[/url]
[i]Note: Search for '(f) Firearms receipt' to go to the specific section.[/i]
[b]Bound Book format[/b]
[url]http://www.atf.treas.gov/regulations/27cfr178.htm[/url]
[i]Note: Search for '(f) Firearms receipt' to go to the specific section.[/i]
[b]IMHO -[/b]
1) You can sell a C&R gun and treat it like any other private sale as long as you record it's disposition in your bound book. In other words, if it's local, just sell it and record the necessary information. If it's interstate, it has to either go through an FFL or to a C&R holder (and again, record it's disposition info).
2) Just read the above 'GCA or 68' and 'Bound Book Format' links. Basically, enter the date, name and address (or name and license no), date of birth (if non-licensee), and driver's license or other ID (if non-licensee). The easiest thing to do is to order the 'FIREARMS RECORD BOOKS' from www.brownells.com. The best thing about the book from Brownells is that it gives examples. Just find something else you want, because the book is only $3.00, but the shipping will end up costing more.
Hope this helps some.
LL