The Alabama Statement by Business Entity as to Use and Possession of Firearms Involved in Over-the-Counter Transaction is a document that must be completed by businesses engaged in firearms sales in Alabama when conducting over-the-counter transactions. This statement is required to accompany ATF Form 4473-Part I, which is the Firearms Transaction Record. The purpose of this statement is to provide information about the business entity's policies and procedures regarding the use and possession of firearms involved in over-the-counter transactions. The Alabama Statement by Business Entity as to Use and Possession of Firearms Involved in Over-the-Counter Transaction includes several key sections: 1. Business Information: This section requires the business entity to provide their legal name, trade name (if applicable), address, phone number, and federal firearms license (FFL) number. 2. Policies and Procedures: Here, the business entity outlines their policies for ensuring the proper use and possession of firearms involved in over-the-counter transactions. This may include measures such as conducting background checks, following state and federal laws, verifying identification of purchasers, and maintaining records of transactions. 3. Training: The statement may include details about the training programs implemented by the business entity for their employees involved in firearm sales. This can include information on training requirements, topics covered, and any certifications obtained by the employees. 4. Security Measures: Businesses are often required to outline the security measures they have in place to prevent theft or unauthorized access to firearms. This can consist of physical security measures like alarms, video surveillance, and secure storage areas, as well as personnel policies and procedures related to firearm handling. It's important to note that while the above information covers the general content usually included in the Alabama Statement by Business Entity, there may be variations or additional requirements based on specific local or state laws. Businesses should consult with legal counsel or local authorities to ensure compliance with all relevant regulations. Other types or variations of the Alabama Statement by Business Entity as to Use and Possession of Firearms Involved in Over-the-Counter Transaction may exist depending on updates or changes made to the state's regulations. Therefore, it is essential for businesses to stay informed about any modifications or additional requirements to properly complete this document and comply with Alabama's firearm sales regulations.