COE Question.

[SLO1911Fan]

My boss at the new shop I moved to recently had myself and the other employee get our COE and they just showed up recently. I bought a gun yesterday and he was under the impression that as an employee with a COE I should be 10 day wait exempt. That isn't something I've ever heard of before so I thought I'd come ask on here. He is also under the impression that if he buys a gun from somewhere local for our shop I can go pick it up now. I was under the impression that the employee's name had to be on the FFL for that to be the case.


Is there any benefit to a COE in CA, and if so what is it?


Thanks,
Ryan

[kemasa]

The COE does not exempt you from anything on its own. With a C&R FFL, it exempts the person from the waiting period for C&R firearms and the CA PC says that the person is exempt from the 1 in 30, although the CA DOJ does not like that.

If you have a CFD number, then you would be exempt from the waiting period.

If the business buys a firearm, then it is exempt from the waiting period as well as much of the paperwork requirement. FFLs (named on the FFL) are not exempt from the DROS requirement for firearms that they are personally buying, but are exempt from having to fill out the 4473 (corps. and LLC do not apply).