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Foid to FOID gun loaning, no 3 day wait?


Orwell

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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/legislation/ilcs/ilcs4.asp?ActID=1876&ChapterID=53&SeqStart=68200000&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.

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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/legislation/ilcs/ilcs4.asp?ActID=1876&ChapterID=53&SeqStart=68200000&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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