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Are there anything in the Harris County / Houston area? If not, what about Galveston? Just wondering because I may be interesting in acquiring a couple of SBRs in the future. Thanks in advance.

Never done it myself, but I hear it's easier in Galveston county.

Yeah, I've been seriously thinking of establishing a LLC like computer company or something, but it's probably a pain in the rear during tax time.

I usually chit chat with the C3-types at gun shows. MG's, SBRs, cans... it's all good.

One day I'll take the plunge and do the paperwork for it. But right now it's more a question of cost. Can't afford it.

There was some talk on another forum about setting up a Trust in place of a LLC. I don't know if that makes things easier or not though... I'll dig around see I can find where read that.

One question, if you get the paper work signed off by your CLEO and you move after you get the approval/tax stamp do you have to get approval from the CLEO of where ever you move to?

I know you have the tell the ATF your moving but do you have to get re-approved by your new CLEO?

Montgomery Co. is usually good. I know several that have Class 3 weapons. Sportsman's guns in Conroe is a class 3 dealer.

My LGS is a Class 3 dealer and it seems that Williamson County is very easy to get the CLEO to sign off on it...

KinnyLee:

I'm "out the door" right now, but when I have a few minutes I'll p.m. some dealer info and what you need to do. It's not too difficult to accomplish in Galveston or Harris county.

CaptDave

I have a question about this subject. I considered purchase about a year ago and checked with a local officer about the police chief. He indicated that it was doubtful that she would sign off on it, but of course he encouraged me to try because he wanted to find out himself.

I decided not to pursue the opportunity at that time (because I didn’t believe it would get approved), but I wondered if I could have gone to the sheriff instead. The rules say something like chief law enforcement office in your jurisdiction.

So if you live in a city, are you limited to the chief of police or can you go to the sheriff?

Looking back at it, I probably shouldn’t have been so complacent and just went for it with the sheriff.

If you incorporate, you don't need the CLEO signature (nor photos and prints).

But, your sheriff is always your CLEO. There's a list of people who can sign the Form 4, including district attorneys and some judges. Any Class III dealer you're doing business with should be happy to help you get the paperwork completed.

Kevin

Only problem I see with a LLC / inc is the Class III belongs to the LLC / inc as in investment, not the individual. I'm trying to stay away from that.

KinnyLee wrote:Only problem I see with a LLC / inc is the Class III belongs to the LLC / inc as in investment, not the individual. I'm trying to stay away from that.

Not sure why you would want to stay away from that, especially if it's your corporation and you will be the CEO.

Anyway, KBCraig is correct in that with a corporation acquiring the class III, there are no fingerprint cards, photos or LEO signatures needed.

Showing it as an "investment" is also not the only way to go, as there are other options to that as well.

PM Sent.

Sweet! Thanks CaptDave!