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Foid to FOID gun loaning, no 3 day wait?


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#1 Orwell

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Posted 09 July 2019 - 03:47 PM

If I want to loan a gun to a friend for the range or their conceal carry class is there anything that stipulates a 3 day wait if no money changes hands? FOID holder to valid FOID holder. Obviously if there's no sale involved there's nothing that would trigger the 3 day wait.

http://www.ilga.gov/...SeqEnd=71400000

720 ILCS 5/24-3 section g it says the waiting period only applies to sales. Just want to make sure I'm reading this right.

#2 THE KING

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Posted 09 July 2019 - 05:02 PM

If I want to loan a gun to a friend for the range or their conceal carry class is there anything that stipulates a 3 day wait if no money changes hands? FOID holder to valid FOID holder. Obviously if there's no sale involved there's nothing that would trigger the 3 day wait.
http://www.ilga.gov/...SeqEnd=71400000
720 ILCS 5/24-3 section g it says the waiting period only applies to sales. Just want to make sure I'm reading this right.


No waiting period. You're good to go just loaning them your firearm.

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