(a) A licensee may not sell, rent, or transfer a regulated firearm until after 7 days following the time a firearm application is executed by the firearm applicant, in triplicate, and the original is forwarded by the prospective seller or transferor to the Secretary.
(b) A licensee shall complete the sale, rental, or transfer of a regulated firearm within 90 days after the firearm application was stamped by the Secretary as not being disapproved.
(c) (1) If the sale, rental, or transfer of a regulated firearm is not completed within 90 days after the firearm application was stamped by the Secretary as not being disapproved, a licensee shall return the firearm application to the Secretary within 7 days.
(2) The Secretary shall void a firearm application returned under paragraph (1) of this subsection as an incomplete sale, rental, or transfer.
(d) (1) (i) A licensee who sells, rents, or transfers a regulated firearm in compliance with this subtitle shall forward a copy of the written notification of the completed transaction to the Secretary within 7 days after delivery of the regulated firearm.
(ii) The notification shall contain an identifying description of the regulated firearm, including its caliber, make, model, any manufacturer’s serial number, and any other special or peculiar characteristic or marking by which the regulated firearm may be identified.
(2) The Secretary shall maintain a permanent record of all notifications received of completed sales, rentals, and transfers of regulated firearms in the State.
Structure Maryland Statutes
Subtitle 1 - Regulated Firearms
Section 5-102 - Scope of Subtitle
Section 5-103 - Effect of Subtitle
Section 5-104 - Preemption by State
Section 5-106 - Dealer's License
Section 5-107 - Application for Dealer's License
Section 5-108 - Criminal History Records Check
Section 5-109 - Investigation of Applicant for Dealer's License
Section 5-110 - Disapproval of Dealer's License Application
Section 5-111 - Term of Dealer's License
Section 5-112 - Nontransferability of Dealer's License; New Place of Business
Section 5-113 - Display of Dealer's License
Section 5-114 - Suspensions and Revocations -- Grounds; Notice; Effect
Section 5-115 - Suspensions and Revocations -- Hearings
Section 5-116 - Judicial Review
Section 5-117 - Application for Regulated Firearm Required
Section 5-117.1 - Handgun Qualification License Required for Purchase of Handguns
Section 5-118 - Firearm Application
Section 5-120 - Copies of Firearm Application; Fees
Section 5-121 - Investigation of Firearm Applicant
Section 5-122 - Disapproval of Firearm Application
Section 5-123 - Time for Licensee to Complete Transactions
Section 5-124 - Secondary Transactions
Section 5-125 - Approved, on Hold, and Disapproved Applications
Section 5-127 - Judicial Review
Section 5-128 - Purchases Within 30 Days -- in General
Section 5-129 - Purchases Within 30 Days -- Multiple Purchases Allowed
Section 5-132 - Handgun Safety Devices
Section 5-133 - Restrictions on Possession of Regulated Firearms
Section 5-133.1 - Restrictions on Possession of Ammunition
Section 5-133.2 - Reporting by Courts or Health Facilities
Section 5-133.3 - Relief From Firearms Disqualification
Section 5-134 - Restrictions on Sale, Rental, or Transfer of Regulated Firearms
Section 5-135 - Regulated Firearms Subject to Seizure
Section 5-136 - Straw Purchases
Section 5-137 - Out-of-State Purchases
Section 5-138 - Sale, Transfer, or Disposal of Stolen Regulated Firearm Prohibited
Section 5-139 - False Information or Misstatement in Application
Section 5-140 - Transporting Regulated Firearm for Unlawful Sale or Trafficking
Section 5-141 - Knowing Participation in Straw Purchase
Section 5-142 - Removal or Alteration of Identification Mark or Number on Firearm
Section 5-143 - Registration Requirements for Persons Moving Into State
Section 5-144 - Knowing Participation in Violation of Subtitle