I am trying to figure this out. This is how I understand this; but someone please correct me if I am wrong.
(Hypotheticaly Mr. X has his license to manufacture Class III weapons in the State of Louisiana.)
If I were to build an AK pistol and want to have a vertical front grip on it, it needs to be a registered AOW to be legal. This would cost me $200. Now if I were to send it off to Mr. X to have him install the VTG it cost him nothing to register this weapon as a Class III as he pays fees to manufacture Class IIIs already and can then transfer the weapon to me for $5.
Does this sound right?
http://www.atf.gov/firearms/041006-vert_grip.htm
A person may also send the handgun to a person licensed to manufacture NFA weapons. The manufacturer will install the fore grip on the firearm and register the firearm on an ATF Form 2. The manufacturer can then transfer the firearm back to the individual on an ATF Form 4, which results in a $5.00 transfer tax. If the manufacturer is out of State, the NFA Branch will need a clarification letter submitted with the ATF Form 4 so that the NFA Branch Examiner will know the circumstances of the transfer. Questions can be directed to the NFA Branch or the Firearms Technology Branch.
(Hypotheticaly Mr. X has his license to manufacture Class III weapons in the State of Louisiana.)
If I were to build an AK pistol and want to have a vertical front grip on it, it needs to be a registered AOW to be legal. This would cost me $200. Now if I were to send it off to Mr. X to have him install the VTG it cost him nothing to register this weapon as a Class III as he pays fees to manufacture Class IIIs already and can then transfer the weapon to me for $5.
Does this sound right?
http://www.atf.gov/firearms/041006-vert_grip.htm
A person may also send the handgun to a person licensed to manufacture NFA weapons. The manufacturer will install the fore grip on the firearm and register the firearm on an ATF Form 2. The manufacturer can then transfer the firearm back to the individual on an ATF Form 4, which results in a $5.00 transfer tax. If the manufacturer is out of State, the NFA Branch will need a clarification letter submitted with the ATF Form 4 so that the NFA Branch Examiner will know the circumstances of the transfer. Questions can be directed to the NFA Branch or the Firearms Technology Branch.
