Re: Benelli M2 Question - 3-gun? Value?
922 (r)
The Imported Parts Law(1990)
178.39 otherwise known as 922(r) 10 Foreign parts law on semiauto Rifles & Shotguns
http://www.atf.treas.gov/regulations/27cfr178.html
Sec. 178.39 Assembly of semiautomatic rifles or shotguns.
(a) No person shall assemble a semiautomatic rifle or any shotgun using more than 10 of the imported parts listed in paragraph (c) of this section if the assembled firearm is prohibited from importation under section 925(d)(3) as not being particularly suitable for or readily adaptable to sporting purposes.
(b) The provisions of this section shall not apply to:
(1) The assembly of such rifle or shotgun for sale or distribution
by a licensed manufacturer to the United States or any department or agency thereof or to any State or any department, agency, or political subdivision thereof;
and Not speaking in terms of 922r, but the federal GCA of 1968 continues to mandate for non-assault weapons a fixed magazine capacity less than, or equal to five rounds.
The Gun Control Act of 1968, Public Law 90-618
(30) The term "semiautomatic assault weapon" means --
(D) a semiautomatic shotgun that has at least 2 of --
(i) a folding or telescoping stock;
(ii) a pistol grip that protrudes conspicuously beneath the action of the weapon;
(iii) a fixed magazine capacity in excess of 5 rounds; and
(iv) an ability to accept a detachable magazine.
By the way, local ATF offices are woefully ignorant about this and I got a lot of misinformation at first and suffice it to say that this wasn't a prosecutorial or investigative priority for ATF or DOJ for the last 8 years or at least since the expiration of the ban (which resulted in vicarious confusion over this issue) but times have changed and most importantly if you sell this gun you have compounded the problem and if you use it in self defense you have opened a new legal sideshow in addition to whether of not the shooting was justified and that sideshow could get very very expensive...