Since the stolen PPK was replaced, does not the original, grandfathered >PPK, become the property of the insurance company — meaning the >original SBH owner no longer owns a grandfathered SBH ?
To be “grandfathered,” the person had to have “on February 14, 1995 (a) held a registration certificate…for one or more of those handguns, or (ii) had applied for a registration certificate that was subsequently issued…for one or more of those handguns, (b) on [01 Dec 98] held a registration certificate.. for one or more of those handguns; and (c) beginning on [01 Dec 98] was continuously the holder of a registration certificate for one or more of those guns.” Registration has nothing to do with ownership. It has to do with possession, because the registration certificate authorizes possession — no matter who owns the firearm. “Grandfathering” has nothing to do with ownership or possession. It has to do with holding a registration certificate, and the registration certificate is still held by the previous owner after the firearm has been stolen, and after the ownership has been transferrred to the insurance company. It does not HAVE to make sense. It is GOVERNMENT POLICY. This cla
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