Clear as mud..
I'm guessing that you're speaking of paragraph "f"?
I understand where you're coming from, but I don't see anything about where bound book recording is needed for something that's been purchased with a 4473, since a 03 License Number wasn't given or recorded during the purchase.
That, and it's like reading stereo instructions by somebody who's already had a really long, long day..
[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR178.125]
[Page 986-989]
TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
CHAPTER I--BUREAU OF ALCOHOL, TOBACCO AND FIREARMS, DEPARTMENT OF THE
TREASURY
PART 178--COMMERCE IN FIREARMS AND AMMUNITION--Table of Contents
Subpart H--Records
Sec. 178.125 Record of receipt and disposition.
(a) Armor piercing ammunition sales by licensed collectors to
nonlicensees. The sale or other disposition of armor piercing ammunition
by licensed collectors shall be recorded in a bound record at the time a
transaction is made. The bound record shall be maintained in
chronological order by date of sale or disposition of the armor piercing
ammunition, and shall be retained on the licensed premises of the
licensee for a period not less than two years following the date of the
recorded sale or disposition of the armor piercing ammunition. The bound
record entry shall show:
(1) The date of the transaction;
(2) The name of the manufacturer;
(3) The caliber or gauge;
(4) The quantity of projectiles;
(5) The name, address, and date of birth of the nonlicensee; and
(6) The method used to establish the identity of the armor piercing
ammunition purchaser.
The format required for the bound record is as follows:
Disposition Record of Armor Piercing Ammunition
----------------------------------------------------------------------------------------------------------------
Purchaser Enter a (x) in the ``known''
---------------------- column if purchaser is personally
known to you. Otherwise, establish
Date Manufacturer Caliber or Quantity of the purchaser's identification
gauge projectiles Name and Date of -----------------------------------
address birth Driver's Other type
Known license (specify)
----------------------------------------------------------------------------------------------------------------
However, when a commercial record is made at the time a transaction is
made, a licensee may delay making an entry into the bound record if the
provisions of paragraph (d) of this section are complied with.
(b) Armor piercing ammunition sales by licensed collectors to
licensees. Sales or other dispositions of armor piercing ammunition from
a licensed collector to another licensee shall be recorded and
maintained in the manner prescribed in Sec. 178.122(b) for importers:
Provided, That the license number of the transferee may be recorded in
lieu of the transferee's address.
(c) Armor piercing ammunition sales by licensed dealers to
governmental entities. A record of armor piercing ammunition disposed of
by a licensed dealer to a governmental entity pursuant to Sec. 178.99(e)
shall be maintained by the licensed dealer on the licensed premises and
shall show the name of the manufacturer, the caliber or gauge, the
quantity, the name and address of the entity to which the armor piercing
ammunition was transferred, and the date of the transaction. Such
information shall be recorded under the format prescribed by
Sec. 178.122(b). Each licensed dealer disposing of armor piercing
ammunition pursuant to Sec. 178.99(e) shall also maintain a record
showing the date of acquisition of such ammunition which shall be filed
in an orderly manner separate from other commercial records maintained
and be readily available for inspection. The records required by this
paragraph shall be retained on the licensed premises of the licensee for
a period not less than two years following the date of the recorded sale
or disposition of the armor piercing ammunition.
(d) Commercial records of armor piercing ammunition transactions.
When a commercial record is made at the time of sale or other
disposition of armor piercing ammunition, and such record contains all
information required by the bound record prescribed by paragraph (a) of
this section, the licensed collector transferring the armor piercing
ammunition may, for a period not exceeding 7 days following the date of
such transfer, delay making the required entry into such bound record:
Provided, That the commercial record pertaining to the transfer is:
(1) Maintained by the licensed collector separate from other
commercial
[[Page 987]]
documents maintained by such licensee, and
(2) Is readily available for inspection on the licensed premises
until such time as the required entry into the bound record is made.
(e) Firearms receipt and disposition by dealers. Except as provided
in Sec. 178.124a with respect to alternate records for the receipt and
disposition of firearms by dealers, each licensed dealer shall enter
into a record each receipt and disposition of firearms. In addition,
before commencing or continuing a firearms business, each licensed
dealer shall inventory the firearms possessed for such business and
shall record same in the record required by this paragraph. The record
required by this paragraph shall be maintained in bound form under the
format prescribed below. The purchase or other acquisition of a firearm
shall, except as provided in paragraph (g) of this section, be recorded
not later than the close of the next business day following the date of
such purchase or acquisition. The record shall show the date of receipt,
the name and address or the name and license number of the person from
whom received, the name of the manufacturer and importer (if any), the
model, serial number, type, and the caliber or gauge of the firearm. The
sale or other disposition of a firearm shall be recorded by the licensed
dealer not later than 7 days following the date of such transaction.
When such disposition is made to a nonlicensee, the firearms transaction
record, Form 4473, obtained by the licensed dealer shall be retained,
until the transaction is recorded, separate from the licensee's Form
4473 file and be readily available for inspection. When such disposition
is made to a licensee, the commercial record of the transaction shall be
retained, until the transaction is recorded, separate from other
commercial documents maintained by the licensed dealer, and be readily
available for inspection. The record shall show the date of the sale or
other disposition of each firearm, the name and address of the person to
whom the firearm is transferred, or the name and license number of the
person to whom transferred if such person is a licensee, or the firearms
transaction record, Form 4473, serial number if the licensed dealer
transferring the firearm serially numbers the Forms 4473 and files them
numerically. The format required for the record of receipt and
disposition of firearms is as follows:
FIREARMS ACQUISITION AND DISPOSITION RECORD
--------------------------------------------------------------------------------------------------------------------------------------------------------
Description of firearm Receipt Disposition
--------------------------------------------------------------------------------------------------------------------------------------------------------
Address or
Name and license No. if
Serial Caliber address or licensee, or Form
Manufacturer and/or Importer Model No. Type or gauge Date name and Date Name 4473 Serial No.
license if Forms 4473
No. filed numerically
]