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Keeping a bound book

What the regulation actually asks a Type 03 collector to write down, and why a private owner might keep the same record anyway.

Frequently asked

Do I need a bound book if I do not have an FFL?

No. The acquisition and disposition record under 27 CFR 478.125(f) is a licensee obligation. Private owners have no federal record-keeping duty — but also no federal backstop if a firearm is stolen, which is why many keep the same record voluntarily.

How quickly must an entry be made?

Acquisitions must be entered no later than the close of the next business day following receipt; dispositions no later than seven days following the date of the transaction (27 CFR 478.125(f)).

How long do bound book records have to be kept?

For the duration of the license and 20 years after the firearm is disposed of.

Can a bound book be kept electronically?

It can, where the format meets ATF requirements and the record can be printed on demand within 24 hours. Rulemaking on electronic record-keeping was still in progress in 2026, so check the current text before relying on any particular arrangement.

Is any app a compliant bound book?

Treat that claim with suspicion. Software is a tool for keeping the record; the compliance responsibility stays with the licensee, and the regulation and ATF prevail over any vendor description.

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