- Banned
- #1,001
so if they sell a hundred guns but don't make a profit off of any of them its ok? where do you jokers dig this crap up anyway?
The Firearms Owners’ Protection Act of 1986.
The Gun Control Act of 1968 provides that persons “engaged in the business” of dealing in firearms must be licensed. Although Congress did not originally define the term “engaged in the business,” it did so in 1986 as part of the McClure-Volkmer Act (also known as the “Firearms Owners’ Protection Act”.
That Act defined the term “engaged in the business,” as applied to a firearms dealer, as “a person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms.”
Law Center to Prevent Gun Violence ? Gun Law Information Experts