Must a licensed importer, manufacturer or dealer comply with the Brady law when selling firearms from his or her own personal collection?

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Must a licensed importer, manufacturer or dealer comply with the Brady law when selling firearms from his or her own personal collection?

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No, provided the licensee has maintained the firearm as part of his or her personal collection for at least 1 year from the date the firearm was transferred from the business inventory into the personal collection or otherwise acquired as a personal firearm and the licensee complies with the recordkeeping requirements in 27 CFR 178.125a.

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