[Code of Federal Regulations]
[Title 27, Volume 2]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR478.127]

[Page 115]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
   CHAPTER II--BUREAU OF ALCOHOL, TOBACCO, FIREARMS, AND EXPLOSIVES, 
                          DEPARTMENT OF JUSTICE
 
PART 478_COMMERCE IN FIREARMS AND AMMUNITION--Table of Contents
 
                            Subpart H_Records
 
Sec. 478.127  Discontinuance of business.

    Where a licensed business is discontinued and succeeded by a new 
licensee, the records prescribed by this subpart shall appropriately 
reflect such facts and shall be delivered to the successor. Where 
discontinuance of the business is absolute, the records shall be 
delivered within 30 days following the business discontinuance to the 
ATF Out-of-Business Records Center, Spring Mills Office Park, 2029 
Stonewall Jackson Drive, Falling Waters, West Virginia 25419, or to any 
ATF office in the division in which the business was located: Provided, 
however, Where State law or local ordinance requires the delivery of 
records to other responsible authority, the Chief, National Licensing 
Center may arrange for the delivery of the records required by this 
subpart to such authority: Provided further, That where a licensed 
business is discontinued and succeeded by a new licensee, the records 
may be delivered within 30 days following the business discontinuance to 
the ATF Out-of-Business Records Center or to any ATF office in the 
division in which the business was located.

[T.D. ATF-290, 54 FR 53055, Dec. 27, 1989, as amended by T.D. ATF-363, 
60 FR 17455, Apr. 6, 1995]