FFL Terminology Explained: Types, Transfers, and SOT
FFL terminology describes the federal licensing system that regulates people and businesses engaged in importing, manufacturing, or dealing in firearms. The Bureau of Alcohol, Tobacco, Firearms and Explosives, or ATF, issues Federal Firearms Licenses under the Gun Control Act, while Form 4473, NICS, bound books, SOT, and C&R describe related compliance processes. Key Facts at […]