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Must a licensed importers, manufacturers, or dealers records be surrendered to ATF if the licensee discontinues business?

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Must a licensed importers, manufacturers, or dealers records be surrendered to ATF if the licensee discontinues business?

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If the business is being discontinued completely, the licensed dealer, manufacturer or importer is required, within 30 days, to forward the business records to the following address: Bureau of ATF Out-of-Business Records Center 2029 Stonewall Jackson Drive Falling Waters, West Virginia 25419 Failure to surrender your required records is a felony and could result in the licensee being fined up to $250,000, imprisoned up to 5 years, or both. A licensee discontinuing business must immediately notify the Licensing Center in Atlanta, Georgia. If someone is taking over the business, the original licensee will underline the final entry in each bound book, note the date of transfer, and 12.forward all records and forms to the successor (who must apply for and receive his or her own license before lawfully engaging in business) or forward the records and forms to the ATF Out-of-Business Records Center. If the successor licensee receives records and forms from the original licensee, the successo

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