King Washington 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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How to fill out 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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FAQ
Q11: What happens to the data provided on Form 4473? Completed Forms 4473 are retained by the Federal firearms licensee (FFL). ATF does not, and never has, maintained an archive or other information repository on the race or ethnicity of firearm purchasers or licensees, and it has no intention to do so in the future.
Licensees shall retain each ATF Form 4473 for a period of not less than 20 years after the date of sale or disposition.
If your ATF Form 4473 is not complete and inaccurate, you could have your application denied. But more than that, you could also be arrested and face harsh criminal penalties. Lying on a gun application is a criminal offense.
When a firearms transfer is completed as planned, the original Form 4473, along with any supporting documents (such as a multiple sales report), must be kept 20 years.
Licensees shall retain each ATF Form 4473 for a period of not less than 20 years after the date of sale or disposition.
(i) NICS denied transaction records obtained or created in the course of the operation of the system will be retained in the Audit Log for 10 years, after which time they will be transferred to an appropriate FBI-maintained electronic database.
Q11: What happens to the data provided on Form 4473? Completed Forms 4473 are retained by the Federal firearms licensee (FFL). ATF does not, and never has, maintained an archive or other information repository on the race or ethnicity of firearm purchasers or licensees, and it has no intention to do so in the future.
CHIPMAN: These records, the 4473s, have to be kept for 20 years. After 20 years, they can be destroyed. If they go out of business before that 20-year period, they must box up those records and ship them to ATF. Once they come to ATF, ATF is not allowed to computerize them.
If you would like to purchase a firearm in the United States, you must submit a form. This form is called the Firearms Transaction Record, and it is also referred to as the 4473 form.
If a person purchases a firearm from a private individual who is not a FFL licensed dealer, the purchaser is not required in most states to complete a Form 4473. All purchases of small arms (handguns) from private individuals from another state are required to have a Form 4473 completed before sale.
