Tight Regulations Cover Both Gun Buyers And Sellers

Pawn shops in Texas are highly regulated businesses, requiring a local business certificate and pawn broker’s license from the state. Those that sell guns must also have a federal firearms license.

In addition to federal reporting requirements, every transaction made at F&I Pawn Shop is recorded so law enforcement can track stolen property.

To Buy A Gun

In addition to presenting valid current identification and thumbprint, people who purchase guns must complete a six-page firearms transaction form from the U.S. Department of Justice.

The form asks whether buyers are making a purchase for themselves rather than a third party, whether they are under indictment or have been convicted of a felony, and whether they are fugitives from justice.

For the safety of others, the form also asks whether buyers are restrained through court order from harassing, stalking or threatening a child or intimate partner and whether they have any domestic violence convictions.

Applications must be reviewed and approved by the FBI before a gun can be handed over to a new owner.