[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR178.56]

[Page 1157]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--BUREAU OF ALCOHOL, TOBACCO AND FIREARMS, DEPARTMENT OF THE 
                                TREASURY
 
PART 178--COMMERCE IN FIREARMS AND AMMUNITION--Table of Contents
 
                           Subpart D--Licenses
 
Sec. 178.56  Right of succession by certain persons.

    (a) Certain persons other than the licensee may secure the right to 
carry on the same firearms or ammunition business at the same address 
shown on, and for the remainder of the term of, a current license. Such 
persons are:
    (1) The surviving spouse or child, or executor, administrator, or 
other legal representative of a deceased licensee; and
    (2) A receiver or trustee in bankruptcy, or an assignee for benefit 
of creditors.
    (b) In order to secure the right provided by this section, the 
person or persons continuing the business shall furnish the license for 
that business for endorsement of such succession to the Chief, National 
Licensing Center, within 30 days from the date on which the successor 
begins to carry on the business.

[33 FR 18555, Dec. 14, 1968. Redesignated at 40 FR 16835, Apr. 15, 1975, 
and amended by T.D. ATF-48, 44 FR 55842, Sept. 28, 1979; T.D. ATF-290, 
54 FR 53055, Dec. 27, 1989]

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