Citation(s) from the GunPolicy.org literature library
Marshall Islands. 2004 ‘Licenses for Transfer; Issuance and Renewal of Dealer's License.’ Weapons Control Act (1971), Revised 2004; Article 1311. Majuro: Nitijela (Parliament). 1 January
1311. Licenses for Transfer; Issuance and Renewal of Dealer's License.
(1) Upon receipt of a proper application and payment of the prescribed fee, the office of the Attorney-General shall within sixty (60) days issue a dealer's license to an applicant, if he is found to be eligible therefor pursuant to this Chapter and any applicable regulations of the Attorney-General. Such regulations shall place a reasonable limit on the number of dealers. The license shall list the types of firearms, ammunition, and dangerous devices which the dealer has been authorized to offer for sale.
(2) A license issued pursuant to this Section shall be valid for one year from the date of its issuance, unless sooner canceled, suspended or revoked. A license shall bear the expiration date thereof on its face.
(3) A license issued pursuant to this Section may be renewed annually upon application by the holder made on a form approved by the office of the Attorney-General. Eligibility for renewal shall be on the same terms and conditions as for an original license, except that renewal also may be denied on account of violation of this Chapter or regulations of the office of the Attorney-General made pursuant thereto or for any conduct in the operation of the applicant's business which gives the office of the Attorney-General grounds to believe that the applicant will no longer operate in a manner consistent with the public safety.