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A bit different FFL question???

leeblackmanleeblackman Member Posts: 5,303 ✭✭
edited September 2001 in Ask the Experts
I was reading about doing a home FFL. I was wondering? If you set up a firearms business not as a sole proprietorship but incorporated, then how do you setup your FFL. How does Wal-mart legally sell guns that way, their clerks don't have FFL's, who has the FFL to let them sell firearms?

Comments

  • AntiqueDrAntiqueDr Member Posts: 691 ✭✭✭✭
    edited November -1
    The corporation is an entity, much like the sole proprietor is an entity. When you set up a corporation, you designate certain individuals as officers within that corporation on the charter.Wal-Mart, as a corporation, applies for an FFL for each location it sets up a store. A designated corporate officer signs the FFL's, possibly a regional manager or somebody.Should something go wrong, the ATF goes after the corporation - which can be held liable as an entity much like an individual could be held liable. Make sense?
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  • GunHawkeGunHawke Member Posts: 576 ✭✭✭
    edited November -1
    I have an FFL and do about 95% of my business on the internet. For the private sales I personally take care of them all...but...as the ATF explained it, any employee can perform the in house ATF NICS check and sign as the seller as long as I have that employee (of age) designated to do so. That designation is a very loose constraint...my word and his employment with my business is all that is needed.
    "They blink an eye or draw a breath before they pull a trigger. I won't!" J.B. Books
  • leeblackmanleeblackman Member Posts: 5,303 ✭✭
    edited November -1
    Thanks you guys, you don't know how much that helps. So if I were to obtain an FFL, it would be better for me to just blow a couple of grand on a good lawyer to setup a private corporation, to take a little of the liability off me.
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