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Liability Issues...
There is a thread on the proposed range/club in this forum:
I was sharing this idea in another thread at ARFCOM as seen here: http://ar15.com/forums/topic.html?b=...4&t=191443 And in the context of an individual buying a MG and having it registered and held by the Corp was a thought. The general idea I had threw out was that an individual could buy a MG and leave it with the club in a safety deposit box kind of safe inside a larger vault where access would be very controlled. One of the respected and thoughtful members of ARFCOM (Phil_A_Steen) posted the following... Quote:
I admit this is the biggest risk and it is also the reason so few clubs allow MGs or even rapid fire of Semiautos. Any thoughts on how such a club could be established and prevent this type of thing from happening? Some ideas I had were trining lasses, range officers, and potential profiling to ensure a level of maturity before someone gets to use a MG.... Your oppinions? |
Not Necessarily
Quarterbore,
I would believe that if your expensive M16 was owned by an LLC that was different from the LLC that owned/operated the machinegun range that since it wasn't one of the assets owned by the range the heirs of "Joe Yokel" could not get at it. If you layer the structure with separate entities it will be difficult for anyone to attach assets in a suit that don't belong to that particular entity. In addition the range's first line of defense in this situation would be adequate liability insurance, which is also going to be one of its biggest costs. Orion |
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