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The New DU. Reply #15: Records Compliance
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BullDozer
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Fri Aug-22-03 06:31 PM
Response to Reply #4 |
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Dealers already have to keep the 4473 form that is filled out on every sale for 20 years after the date of the sale or disposition. In addition they are required to maintain a "bound book" that has the receipt and disposition of every firearm the buy and sell in it.
Upon discontinuance of their business the dealer has to forward the 4473s (they will go back at least 20 years if the dealer has been in business that long) and their bound book(s)(acquisition/disposition records)to the BATF(E).
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