[Dead Corpse]

A Limited Liability CORPORATION is a person - by law.

Meaning post-86 toys are off limits unless you are an SOT.

A UT, by definition NOT a person according to the BATFE, CAN own Class III post-86 firearms.

Hence all the excitement. The ATF can't arbitrarily change the definitions without getting new legislation. So their initial approval, and subsequent attempt at revocation, is kind of a huge deal.

[Joe Brower]

Right, right.. .that's how I understand it too. Since Trusts are _not_ people, they can make all the FA guns they want. At least, that's how this twist in the regs is playing out, and why the BATFE is having fits.

Poor babies. $:-)