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I'm looking for a few FFL's to answer a question or two pertaining to how a PGO is recorded in their bound books.

The 4473 is rather clear and easy to fill out.
Question 18 -> Other
Question 29 -> Pistol grip firearm

But how do you record the firearm when it comes in, and when you transfer it out?

It should be noted that a PGO is classified as a 'Firearm' by the ATF, and not a shotgun.
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18 U.S.C., § 921(A)(5) and 27 CFR § 478.11

"The term "Shotgun" means a weapon designed or redesigned, made or remade, and intended to be fired from the shoulder, and designed or redesigned and made or remade to use the energy of the explosive in a fixed shotgun shell to fire through a smooth bore either a number of ball shot or a single projectile for each single pull of the trigger."

For a quick overview of Pistol Grips and Shotguns, see page 2 of the following BATFE/ATF newsletter. https://www.atf.gov/file/56446/download

-Matthew
 
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