As of March 26, 2019, it is a federal felony offense to possess a bump stock. The Final Rule has no provision to grandfather or register devices already owned. Additionally, the grace period to surrender a bump stock to the ATF has passed, meaning your only option at this point would be to destroy all devices in your possession. Further, there is no provision for any compensation for the economic loss of a destroyed or surrendered bump stock.
The ATF has provided bump stock destruction instructions that will render the device incapable of being readily restored to its intended function. Failure to comply with this new rule is a federal felony, punishable by up to 10 years in federal prison and up to a $250,000 fine for each bump stock in your possession.
Bump Stocks Banned: The Final Rule - U.S. & Texas LawShielduslawshield.com
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