TexasCHLforum.com

A quote from here under the faq: http://www.atf.gov/firearms/faq/nationa ... earms.html" onclick="window.open(this.href);return false;

Q: What can happen to someone who has an NFA firearm which is not registered to him?
Violators may be fined not more than $250,000, and imprisoned not more than 10 years, or both. In addition, any vessel, vehicle or aircraft used to transport, conceal or possess an unregistered NFA firearm is subject to seizure and forfeiture, as is the weapon itself.

[49 U.S.C. 781-788, 26 U.S.C. 5861 and 5872]

Unless someone can verify that the above is not the case, that's what I'm going by. Prosecuted or not.

ddurkof wrote:A trust is an legal entity, like a corporation, that allows you to NOT have to get a "Chief Law Enforcement Officer" sign off on the Form 1 or Form 4s. The trust is what is purchasing or manufacturing the weapon. The machine gun has to be transferable, so manufactured prior to 1986, and you can buy it.

They are not cheap and eat a great deal of ammo.

Have fun.

Sean Cody also set my trust up a couple of years ago for two AK sbrs.

Another benefit not mentioned above is that if something unforseen happens to you, you are not in turn putting your significant other in violation of federal law by possessing class 3 weapons not in their names. The potential violiations are not pretty.