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okie headhunter,
I believe the transaction must be between 01-FFLs only to be legal. I never will understand the reasoning behind this regulation. A C&R revolver being shipped to a C&R holder has a frame with a serial number on it. If you strip the same revolver down to the bare frame, you still have the same frame with the same serial number, but now it is no longer C&R eligible.
Can someone explain this ridiculous regulation?
Thanks!
Old Gun Guy
 
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