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<br /> <br />activity under a previously issued license, <br />action regarding the application will be held in <br />abeyance pending the completion of the <br />proceedings against the applicant's existing <br />license application, final determination of the <br />applicant's criminal case, or final action by <br />the Director on an application for relief sub- <br />mitted pursuant to i 178.144, as the case <br />may be. <br />(d) When the regional director (compli- <br />ance) fails to act on the application for license <br />within the 45-day period prescribed by para- <br />graph (c) of this section, the applicant may file <br />an action under section 1361 of the title 28, <br />United States Code, to compel the regional <br />director (compliance) to act. [i923(d)(2)] <br />S 178.48 Correction of error on lIeemae. <br />(a) Upon receipt of a license issued under <br />the provisions of this part, each licensee shall <br />examine same to ensure that the information <br />contained thereon is accurate. If the license <br />is incorrect, the licensee shall return the <br />license to the regional director (compliance) <br />with a statement showing the nature of the <br />error. The regional director (compliance) shall <br />correct the error, if the error was made in his <br />office, and return the license. However, if the <br />error resulted from information contained in <br />the licensee's application for the license, the <br />regional director (compliance) shall require <br />the licensee to file an amended application <br />setting forth the correct information and a <br />statement explaining the error contained in <br />the application. Upon receipt of the amended <br />application and a satisfactory explanation of <br />the error, the regional director (compliance) <br />shall make the correction on the license and <br />return same to the licensee. <br />(b) When the regional director (compli- <br />ance) finds through any means other than <br />notice from the licensee that an incorrect <br />license has been issued, the regional director <br />(compliance) may require the holder of the <br />incorrect license to: <br />(1) Return the license for correction, and <br />(2) If the error resulted from information <br />contained in the licensee's application for the <br />license, the regional director (compliance) <br />shall require the licensee to file an amended <br />application setting forth the correct informa- <br />tion, and a statement explaining the error <br />contained in the application. <br />The regional director (compliance) then <br />shall make the correction on the license and <br />return same to the licensee. <br />S 178.49 Duration of IleeMe. <br />The license entitles the person to whom <br />issued to engage in the business or activity <br />specified on the license, within the limitations <br />of the Act and the regulations contained in <br />this part, for a three year period, unless <br />terminated sooner. [See, also, ATFR 73-9, <br />Common expiration date for licenses.] <br />[T.O. ATF-135, 48 FA 24068. May 31,1983 T.O. ATF.241, 51 FA <br />39619. Oct 29, 1986) <br />S 178.50 Locations covered by license. <br />The license covers the class of business <br />or the activity specified in the license at the <br />address specified therein. A separate license <br />must be obtained for each location at which a <br />firearms or ammunition business or activity <br /> <br />30 <br /> <br />requiring a license under this part is conduct- <br />ed except <br />(a) No license is required to cover a <br />separate warehouse used by the licensee <br />solely for storage of firearms or ammunition if <br />the records required by this part are main- <br />tained at the licensed premises served by <br />such warehouse; <br />(b) A licensed collector may acquire cu- <br />rios and relics at any location, and dispose of <br />curios or relics to any licensee or to other <br />persons who are residents of the State where <br />the collector's license is held and the disposi- <br />tion is made; or <br />(c) A licensee may conduct business at a <br />gun show pursuant to the provision of i <br />178.100. <br />[T.O. ATF.191, 49 FA 46690, Nov 29, 1964) <br />S 178.51 Ueense not transferable. <br />Ucenses issued under this part are not <br />transferable. In the event of the lease, sale, <br />or other transfer of the operations authorized <br />by the license, the successor must obtain the <br />license required by this part prior to com- <br />mencing such operations. However, for rules <br />on right of succession, see i 178.56. <br />S 178.52 Change of address. <br />A licensee may during the term of his <br />current license remove his business or activi- <br />ty to a new location at which he intends <br />regularly to carry on such business or activity, <br />without procuring a new license. However, in <br />every case, whether or not the removal is <br />from one region to another, notification of the <br />new location of the business or activity must <br />be given not less than 10 days prior to such <br />removal to the regional director (compliance) <br />for the region from which or within which the <br />removal is to be made, and the regional <br />director (compliance) for the region to which <br />the removal is to be made. In each instance, <br />the license must be submitted for endorse- <br />ment to the regional director (compliance) <br />having jurisdication over the region to which <br />or within which removal is to be made. After <br />endorsement of the license to show the new <br />address and the new license number, if any, <br />the regional director (compliance) will return <br />same to the licensee. <br />[T.O. ATF.135, 48 FA 24068, May 31, 1963) <br />S 178.53 Change In trade name. <br />A licensee continuing to conduct busi- <br />ness at the location shown on his license is <br />not required to obtain a new license by <br />reason of a mere change in trade name under <br />which he conducts his business: <br />Provided, That such licensee furnishes <br />his license for endorsement of such change <br />to the regional director (compliance) for the <br />region in which the licensee conducts his <br />business within 30 days from the date the <br />licensee begins his business under the new <br />trade name. <br />[T.O. ATF-48, 44 FA 55642, Sept. 28, 1979) <br />S 178.54 Change of control. <br />In the case of a corporation or associa- <br />tion holding a license under this part, if actual <br />or legal control of the corporation or associa- <br />tion changes, directly or indirectly, whether by <br />reason of change in stock ownership or <br />control (in the licensed corporation or in any <br /> <br />other corporation), by operations of law, or in <br />any other manner, the licensee shall, within <br />30 days of such change, give written notifica- <br />tion thereof, executed under the penalties of <br />perjury, to the regional director (compliance). <br />Upon expiration of the license, the corpora- <br />tion or association must file a Form 7 (Fire- <br />arms) as required by i 178.44. <br />S 178.55 Continuing partnerships. <br />Where, under laws of the particular State, <br />the partnership is not terminated on death or <br />insolvency of a partner, but continues until <br />the winding up of the partnership affairs is <br />completed, and the surviving partner has the <br />exclusive right to the control and possession <br />of the partnership assets for the purpose of <br />liquidation and settlement, such surviving <br />partner may continue to operate the business <br />under the license of the partnership. If such <br />surviving partner acquires the business on <br />completion of the settlement of the partner- <br />ship, he shall obtain a license in his own <br />name from the date of acquisition, as provid- <br />ed in i 178.44. The rule set forth in this <br />section shall also apply where there is more <br />than one surviving partner. <br />S 178.56 Right of succession by certain <br />persons. <br />(a) Certain persons other than the licens- <br />ee may secure the right to carry on the same <br />firearms or ammunition business at the same <br />address shown on, and for the remainder of <br />the term of, a current license. Such persons <br />are: <br />(1) The surviving spouse or child, or exec- <br />utor, administrator, or other legal representa- <br />tive of a deceased licensee; and <br />(2) A receiver or trustee in bankruptcy, or <br />an assignee for benefit of creditors. <br />(b) In order to secure the right provided <br />by this section, the person or persons con- <br />tinuing the business shall furnish the license <br />for that business for endorsement of such <br />succession to the regional director (compli- <br />ance) for the region in which the business is <br />conducted within 30 days from the date on <br />which the successor begins to carry on the <br />business. <br />[T.O. ATF-48, 44 FA 55642, Sept. 28, 1979) <br />S 178.57 Discontinuance of business. <br />Where a firearm or ammunition business <br />is either discontinued or succeeded by a new <br />owner, the owner of the business discontin- <br />ued or succeeded shall within 30 days thereof <br />furnish to the regional director (compliance) <br />for the region in which his business was <br />located, notification of the discontinuance or <br />succession. (See. also, i 178.127.) [t <br />923(g)(4)] <br />[T.O. ATF-48,44 FA 55642. Sept. 28, 1979) <br /> <br />EDITOR'S NOTE: <br /> <br />When there is no successor operator <br />of the business, the out-of-business re- <br />cords should be shipped to the A TF Fire- <br />arms Out-of-Business Records Center, <br />3361F 75th Avenue, Landover, MD 20785. <br />S 178.58 State or other law. <br />A license issued under this part confers <br />no right or privilege to conduct business or <br />activity contrary to State or other law. The <br />