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C&R is as you said, check the BATF list below.
http://www.atf.treas.gov/firearms/curios/sec4.htm
A C&R license allows you to transfer NFA weapon directly without going through a Class III dealer from out of state. C&R NFA (receivers were original as is) cost more than non-C&R(tube gun, side plate gun, re-manufactured/re-weld, etc.).
 
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