Trusts may be able to get post 86 transferable MGs?

[Mr. Katanga]

Just saw this article
http://rare.us/story/the-atf-may-have-accidentally-made-it-a-lot-easier-to-get-a-machine-gun/

So would this mean that a trust that isn't "a person" could get a post 86 built machine gun?

 

[ilintner]

I just saw that... Seems like a clever attorney / gun enthusiast found a loophole and the ATF is going to look silly again.


http://www.thefirearmblog.com/blog/2014/05/16/atf-inadvertently-open-door-machine-guns-trusts/


Here they say that a form 1 was submitted for a minigun... :whoo:

 

[Mr. Katanga]

There's gonna be a lot of pissed of MG stamp holders if this is true, I can see the prices dropping big time if trustees start putting brand new hardware on the market.

 

[ilintner]

There's gonna be a lot of pissed of MG stamp holders if this is true, I can see the prices dropping big time if trustees start putting brand new hardware on the market.

I know that if I had paid 3k for a M11/9 that I would be furious when it became a $400 dollar gun... There is no way that the ATF will allow this, but it is fun to watch the process unfold.