What exactly does FULLY TRANSFERRABLE mean?

[cpileri]

IOW: who can buy a full auto?
Specifically, a non-liscence holder or a C&R holder who wants a, say full auto original Sten (or whatever) sees one and it is "fully transferrable"; what does he need to do to legally buy it?

I was talking with a buddy who believes that fully transferrable means that as long as ou pass all the extra background checks and pay the substantial taxes, anyone can buy a full auto. I always thaoght you had to have a C&R or a Class 3. Which is it?
thx,
C-


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"But if anyone does not provide for his own, and especially for those of his household, he has denied the faith and is worse than an unbeliever" (1 Timothy 5:8).

"Although difficult for modern men to fathom, it was once widely believed that life was a gift from God, that to not defend that life when offered violence was to hold God's gift in contempt, to be a coward and to breach one's duty to one's community." (Nation of Cowards, page 16.)

"The problem is not six-shooters; the problem is sinners. Eliminating guns won't solve that problem… The proximate (civil) solution to gun-related violence is stiffer (biblical) penalties for harming humans and property - whether by guns, knives, axes, spray paint, or computers. The ultimate solution to gun-related violence is the transformation of individuals by the Gospel of Jesus Christ.... The ironic solution of liberals is to lock up the guns and liberate the criminals after a mere wrist slap," Andrew Sandlin, The Christian Statesman, Vol. 140, No. 1

[Grant]

Fully trasferable means that the firearm is registered on a form 4. This means it was made and registerd by sometime (I dont know the exact date) in 1986 and put on a form 4 which is transferable to not only dealers, but also to your avarage joe, providing that he lives in a state where NFA weapons are legal and he pays a 200 dollar (Full Auto SBS DD or SBR) or 5 dollar (AOW) tax. Plus he has to pass a background check and be approved by the ATF and get something signed by a police chief or above ( I think a DA can sign also). Hope that helped.

[1gewehr]

There are three types of machineguns according to law. When they were made or imported, and when they were registered determines which category the gun is in.

The first is 'Transferables' which refers to guns made and registered in the US prior to May 1986. Guns imported prior to 1968 are also in this category. These guns may be transferred to private individuals without any special licenses, but with a $200 tax and fingerprint cards, Form 4, etc.

The second is guns imported after 1968, but prior to May 1986. The are referred to as 'pre-may', or 'pre-86' dealer samples. These guns may only be transferred to dealers. But, they can be kept by a dealer after he gives up his license, and can be transferred freely between dealers.

The last category is all guns made or imported after May, 1986. These guns may only be transferred to dealers or government agencies. Dealers must have a letter from a government agency requesting a demonstration in order to buy them. ATF has been getting more and more strict regarding the guidelines for dealers to get 'Dealer Samples'.

Some machine guns are also classified as Curios and Relics. Some states will only allow their citizens to have these types of machineguns, so C&R usually guns carry a hefty premium.

Hope this helps sort things out.
1gewehr

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"Avoid an excess of strong liquor. It can make you shoot at tax-collectors.......and miss." Robert A> Heinlein

[krinkov]

what it really means.....is "EXPENSIVE"

or wow!!! i really did not want to spend that freakin much!!!!!!

nuff said
KRINK

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NEVER LOSE SIGHT OF YOUR VISION!

[flashguy]

Originally posted by krinkov:
what it really means.....is "EXPENSIVE"

or wow!!! i really did not want to spend that freakin much!!!!!!

nuff said
KRINK

If you think a $200 tax stamp is expensive now, consider how expensive it was when it was first enacted in 1934! Whereas now the tax stamp is a relatively minor annoyance in the Class 3 purchase scenario (most Class 3 guns costing at least 20 to 40 times that much), in 1934 the tax was several times the actual cost of the weapon being purchased; the original intent of the tax was essentially to make the process so expensive no one would go through with it--punitive and restrictive taxation, for sure. As much as we would all like to see the 1934 NFA repealed, at this point we probably should be glad they haven't "indexed" the tax it imposed to modern valuations--I reckon it would now be set to at least $10,000 if it were before Congress today. However, one of the reasons the tax rate has not been increased is that it would require a new law to do it and it is not a given that the current SCOTUS would agree that the law really is constitutional since it covers exactly the types of firearms which are most used by the military (and for a militia).

MHO
flashguy
Texan By Choice, not Accident

[etp777]

Even money says that Krinkov was saying that the gun is expensive, not the tax. Esp. knowing what kinda high dollar toys Krinkov and the horse like to play with and talk about just to make me jealous.


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TANSTAAFL

"Progress is made by lazy men looking for easier ways to do things" --L. Long

[krinkov]

Originally posted by etp777:
Even money says that Krinkov was saying that the gun is expensive, not the tax. Esp. knowing what kinda high dollar toys Krinkov and the horse like to play with and talk about just to make me jealous.

it is alway's the gun ,never the tax.........


located one of my 1975 thru 1980 add's,mg-34 for 1,200 to 1,300 a mg-42 for 900.00

colt thompson's from 1,200 to 2,700

m1a1 tommys for 750.00 and a bar 1918 model for 1,500.00..........and i thought i was big-time,one of my first mp-40 sales in 1975 for 500.00{made a whole fifty buck's on that one}

times have changed,

it never ever will get any cheeeeper!!!! in the future,

its if you want it now buy it,and forget it,these are the best of times,they were the worst of time's!!!wink!!
take care,KRINKOV

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NEVER LOSE SIGHT OF YOUR VISION!