NFA WEAPONS ARE LEGAL IN INDIANA
NFA WEAPONS ARE LEGAL IN INDIANA AND OTHER STATES!
If you are not prohibited by law from owning a rifle, handgun, or shotgun, in the state of Indiana, then you can legally own a machinegun, suppressor (silencer), or short-barreled rifle or shotgun. In fact, under the law, almost all of the fifty United States allow in one form or another, civilian ownership of the weapons classified as NFA, Title II, or Class 3 weapons. The National Firearms Act of 1934 (Title2 of the Gun Control Act of 1968) provides for individuals who are not prohibited from owning Title I weapons (rifles, handguns, shotguns) to legally apply for and purchase as individuals, the most desirable and investment-safe big boy toys in the sporting world.
As an example; a particular Class 3 or Title II weapon was on the market about four years ago for $800.00. That same exact gun is now easily sold for $2300.00 to $2500.00- an increase in market value of 287-313% in only four years! This kind of investment growth is easily obtainable in a short period of time just because of the desirability of these weapons, coupled with the fact that there are only so many "transferable" Class 3 items available under the law. This means that an individual, who purchases a transferable Class 3 item, cannot lose money, because the laws of supply and demand guarantee that its value will only increase.
You are probably asking yourself, if the potential is so great, why isn't everyone buying Class 3 items in order to make extremely huge profits. The truth is, many are, and as knowledge spreads, more people are becoming owners because of the investment gains, as well as the pure fun of shooting a full-auto or suppressed. Before reading this notice, did you know that you could legally own a machinegun or suppressor? I would guess that you probably may have not known.
The NFA laws are not well understood by the general public, and unless a person happens to know someone who deals in or owns such items, chances are, they would have no idea they could ever legally own one. The common belief amongst the general public is "Those are illegal." This belief came about in part simply because when the National Firearms Act became law in 1934, it was done solely to regulate the sale and ownership of fully -automatic and other NFA classifiable weapons which had heretofore, been unregistered.
The old days of the gangster being able to purchase a Thompson sub-machinegun at the local hardware store, had allowed an easily available, non-regulated supply of weapons to enter society. In order to control and limit the ownership of these weapons, under the National Firearms Act, the person desiring to purchase one must submit an application - in duplicate, complete with photos and fingerprints, submit to a criminal background check by the FBI, obtain a signature from the chief law enforcement official in his/her city or county, pay a tax to The Department of the Treasury, and wait for the approved application to arrive in the mail. This process, while sometimes lengthy, does in fact allow an individual with no felony convictions to own, and in some cases make Title II or NFA weapons.
By a simple failure of the general public to fully understand the laws regulating the sale and ownership of items construed by heresy to be "illegal" the general opinion was formed that they must be illegal. This opinion of the uninformed individual while erroneous has endured for sixty-seven years thus far. As far as crime committed using a registered machinegun, there has only been one instance, and the perpetrator was a police officer!
On September 15th, 1988, a 13-year veteran of the Dayton, Ohio police department, Patrolman Roger Waller, then 32, used his fully automatic MAC-11 .380 caliber submachine gun to kill a police informant, 52-year-old Lawrence Hileman. Patrolman Waller pleaded guilty in 1990, and he and an accomplice were sentenced to 18 years in prison. The 1986 'ban' on sales of new machine guns does not apply to purchases by law enforcement or government agencies.
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