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Firearm Owner's Identification. In the U.S. state of Illinois, residents must possess a FOID card, [1] or Firearm Owners Identification card, in order to legally possess or purchase firearms or ammunition. The applicable law has been in effect since 1968, [2] but has been subject to several subsequent amendments.
Form 4473. A Firearms Transaction Record, or ATF Form 4473, is a seven-page form prescribed by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) required to be completed when a person proposes to purchase a firearm from a Federal Firearms License (FFL) holder, such as a gun dealer. [1]
[24] [25] [26] Recreational-use revenue in Illinois is expected to reach an estimated $1.6 billion a year. [27] Illinois became the first state in the nation to legalize cannabis for recreational sale through a state legislature rather than ballot initiative. [28] Overall, Illinois is the 11th state in the US to allow recreational marijuana. [29]
UCC-1 financing statement. A UCC-1 financing statement (an abbreviation for Uniform Commercial Code -1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
A bill of sale is a document that transfers ownership of goods from one person to another. It is used in situations where the former owner transfers possession of the goods to a new owner. Bills of sale may be used in a wide variety of transactions: to sell goods, exchange, give, or mortgage objects. They can be used only to transfer ownership ...
Gun laws in Illinois regulate the sale, possession, and use of firearms and ammunition in the state of Illinois in the United States. [ 1][ 2] To legally possess firearms or ammunition, Illinois residents must have a Firearm Owners Identification (FOID) card, which is issued by the Illinois State Police on a shall-issue basis.
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