Question -What happens to all paperwork if FFL closes?

[jchen76@gmail.com]

Just a question, what happens to all the paperwork buyers sign (4473) and such when FFL closes its doors? Sent to DOJ? Boxed and kept in secure location? Shredded?

[MikeWithBRD]

California -
The dealer must write a letter indicating the CFD and the effective date of the closure to: DOJ Firearms Licensing and Permits Unit (FLPU), P.O. Box 920200, Sacramento, CA 94203-0200. The dealer is required to retain completed DROS forms for three years from the date of sale, after which they may be destroyed. The dealer should contact the BATF for federal requirements for closing a firearms business.

http://ag.ca.gov/firearms/dlrfaqs.php#27G

Fed

When an FFL discontinues business, the FFL must send their firearms transactions records to the National Tracing Center (NTC). The NTC receives an average of 1.2 million out-of-business records per month and is the only repository for these records within the United States.

Records can be mailed to the NTC or, alternatively, they may be delivered to your local ATF Office in order to comply with laws for surrendering records (which include all bound log books/acquisition & disposition books and computer printouts, ATF Form 4473’s, Theft/Loss Reports, Multiple Sales Reports, and Brady forms).

http://www.atf.gov/firearms/how-to/discontinue-being-an-ffl.html