1. (a) A person may not possess, sell, transfer, or otherwise dispose of a stolen regulated firearm if the person knows or has reasonable cause to believe that the regulated firearm has been stolen.
2. (b) A person who violates this section is guilty of a felony and on conviction is subject to imprisonment not exceeding 5 years or a fine not exceeding $10,000 or both.
3. (c) Each violation of this section is a separate crime.

Added by Acts 2003, c. 5, § 2, eff. Oct. 1, 2003. Amended by Acts 2025, c. 136, § 1, eff. Oct. 1, 2025.