I am in the process of selling a gun to an out of state dealer. Currently is on a form 4 in my trust. Buyer sent me a check and a copy of his liscence. There is a 7 day hold on the money because his bank would not verify sufficient funds for my bank.
Can I go ahead and fill out my end of the form 4 and send back to him? I am assuming I can get the transfer started and if the check is bad I can cancel the transfer, is this correct? I guess I am open to advise on what everyone else would do. Thanks in advance.
Can I go ahead and fill out my end of the form 4 and send back to him? I am assuming I can get the transfer started and if the check is bad I can cancel the transfer, is this correct? I guess I am open to advise on what everyone else would do. Thanks in advance.