(1) Any person who knowingly purchases or otherwise obtains a firearm on behalf of or for transfer to a person who the transferor knows or reasonably should know is ineligible to possess a firearm pursuant to federal or state law commits a class 4 felony.
(2) (a) Any person who is a licensed dealer, as defined in 18 U.S.C. sec. 921
(a)(11), shall post a sign displaying the provisions of subsection (1) of this section in a
manner that is easily readable. The person shall post such sign in an area that is
visible to the public at each location from which the person sells firearms to the
general public.
(b) Any person who violates any provision of this subsection (2) commits a
civil infraction.
(3) [ Editor’s note: Subsection (3) is effective July 1, 2025. ] (a) If a firearms
dealer who holds a state permit to deal firearms pursuant to section 18-12-401.5
reasonably believes, knows or should know, or becomes aware after a transfer, that
a person, including an employee, purchased or attempted to purchase a firearm in
violation of this section, the dealer shall report that information to a law
enforcement agency with jurisdiction over the dealer’s place of business.
(b) Failure to make the report required by this subsection (3) within forty-eight hours after the dealer becomes aware of an unlawful firearm purchase or
attempted firearm purchase is a violation of state law concerning the sale of
firearms and is subject to the penalties described in section 18-12-401.5 (7).
L. 2000: Entire section added, p. 638, § 1, effective July 1. L. 2021: (2)(b) amended, (SB 21-271), ch. 462, p. 3212, § 347, effective March 1, 2022. L. 2024: (3) added, (HB 24-1353), ch. 492, p. 3458, § 5, effective July 1, 2025.
