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South Dakota Statement by Business Entity as to Use and Possession of Firearms Involved in Over-the-Counter Transaction - To Accompany ATF Form 4473-Part I

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The following form is a statement by a business entity as to the use and possession of firearm(s) involved in over-the-counter transactions.

The South Dakota Statement by Business Entity as to Use and Possession of Firearms Involved in Over-the-Counter Transaction — To Accompany ATF Form 4473-Part I is a document that is essential for businesses involved in firearm transactions in South Dakota. This statement serves as a declaration by the business entity, attesting to their compliance with state and federal laws regarding the use and possession of firearms. It is a crucial component of the overall process to ensure responsible and legal firearm transfer. The South Dakota Statement by Business Entity is required to accompany ATF Form 4473-Part I, which is the actual Firearms Transaction Record. This form is completed by the buyer and is a critical part of the background check process conducted by licensed firearm dealers. The purpose of this comprehensive documentation is to prevent firearms from falling into the wrong hands and to maintain the integrity of the firearm industry. This South Dakota statement presents several key elements related to the use and possession of firearms in over-the-counter transactions: 1. Compliance: The statement explicitly confirms that the business entity complies with all South Dakota state laws and relevant federal laws, regulations, and requirements, ensuring that all necessary licenses, permits, and registrations are in place. 2. Responsible Handling: The declaration emphasizes that the business entity and its employees are responsible for the safe handling, storage, and transportation of firearms. This includes following proper protocols and procedures to prevent unauthorized access and ensure public safety. 3. Background Checks: The business entity acknowledges its adherence to background check requirements as mandated by state and federal laws. This covers the verification of potential buyers' eligibility and compliance with the restrictions outlined in the Firearms Transaction Record. 4. Reporting Obligations: The statement includes a commitment from the business entity to promptly report any lost, stolen, or missing firearms. This helps law enforcement agencies track and recover firearms that may end up in criminal activities. 5. Training and Education: The commitment to ongoing employee training and education on firearm laws, safety practices, and ethical responsibilities is also highlighted in this statement. This ensures that employees are knowledgeable about the applicable laws and have the required skills to handle firearms professionally and safely. It's important to note that the different types or versions of the South Dakota Statement by Business Entity as to Use and Possession of Firearms Involved in Over-the-Counter Transaction — To Accompany ATF Form 4473-Part I may vary in specific details, but the general purpose and requirements stated above remain consistent.

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FAQ

Licensees shall retain each Form 4473 until business or licensed activity is discontinued, either on paper, or in an electronic alternate method approved by the Director, at the business premises readily accessible for inspection under this part.

Section B. Question 21. b: ?Do you intend to purchase or acquire any firearm listed on this form and any continuation sheet(s) or ammunition, for sale of other disposition to any person described in questions 21(b)-(l) or to a person described in question 21.

After the transferor/seller has completed the firearms transaction, he/she must make the completed, original ATF Form 4473 (which includes the Notices, General Instructions, and Definitions), and any supporting documents, part of his/her permanent records.

An ATF form 4473 can list one gun or multiple guns. Keep in mind that the form's primary use is to transfer each gun that you buy from the seller to you the buyer. That means that you can list multiple guns on one ATF form 4473 ? but there are restrictions.

- Firearms Transaction Record Continuation Sheet (ATF Form 5300.9A) This form is a continuation of Section A of the attached ATF Form 4473 and is completed by the transferor/seller. When completed, this attachment is incorporated into and made part of the ATF Form 4473.

21b: ?Do you intend to purchase or acquire any firearm listed on this form and any continuation sheet(s) or ammunition, for sale of other disposition to any person described in questions 21(c)-(m) or to a person described in question 21.n.1 who does not fall within a nonimmigrant exception??

A Firearms Transaction Record, or ATF Form 4473, is a seven-page form prescribed by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) required to be completed when a person proposes to purchase a firearm from a Federal Firearms License (FFL) holder, such as a gun dealer.

Yes, the ATF Form 4473 is available online, but much of it needs to be filled out by the FFL doing your transfer. If you fill it out online, you must send it to them, or print it out and bring it with you so they can complete their section of the form and submit it.

More info

Generally, ATF Form 4473 must be completed at the licensed business premises when a firearm is transferred over-the-counter. Federal law, 18 U.S.C. § 922(c),. 4473 Part 1— Firearms Transaction Record Over-The-Counter (ATF Form 5300.9) ... on the receipt and possession of firearms. Document Number: F 5300.9. Keep up with ...Any firearm, received by a FFL, that was privately made (not manufactured by another licensee) must now be recorded on the ATF Form 4473. “Privately Made ... The following form is a statement by a business entity as to the use and possession of firearm(s) involved in over-the-counter transactions. Business Entity ... The following form is a statement by a business entity as to the use and possession of firearm(s) involved in over-the-counter transactions. Oct 17, 2019 — complete and sign a firearms transaction forms (ATF Form 4473) under penalty of law that everything entered onto that form was truthful. Your acquisition and disposition records, Firearms Transaction Records (ATF Forms 4473) ... A complete alphabetical listing is located on pages vi-viii of this ... a.(a) General. The regulations contained in this part relate to commerce in firearms and ammunition and are promulgated to implement Title I, State Firearms ... This is a multiple sale and must be reported not later than the close of business on the date of the transaction. For More Information. The Bureau publishes ... The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is the primary agency responsible for enforcing the Federal firearms laws. Our mission is to ...

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South Dakota Statement by Business Entity as to Use and Possession of Firearms Involved in Over-the-Counter Transaction - To Accompany ATF Form 4473-Part I