My older brother is set on getting an M16. He knows a Class III dealer, and from what I understand, there were doctors and such that were buying Class III weapons for "investments". They had a good resale value plus they would'nt lose money on them. Even if the people buying them went through the necessary paperwork, I thought only a Class III dealer could only transfer to another Class III dealer and not sell anything like that to a civilian. I have heard of suppressors have been done like that if the person buying had done the tax stamp and all..but an automatic weapon?

Ken

Yes, civilians (non-LE/MIL/SOT or Class III dealers) may own "transferrable" MG's: www.ar15.com/forums/topic.html?b=3&f=14&t=190110

I believe that NC has some additional requirements for civilian MG ownership.

Quoted: I believe that NC has some additional requirements for civilian MG ownership.

Correct.


ken3983, assuming that your brother lives in North Carolina as well, you might want to read the following thread:

www.ar15.com/forums/topic.html?b=6&f=17&t=191742