This is from http://www.titleii.com/BardwellOLD/nfa_faq.txt it might help
I also heard of "Intent to Construct", but I am not sure. It would be best to store the barrel at a relatives house, who does not have the type of gun the barrel belongs too.
Code:
The Court said that a set of parts was not a short barreled
rifle, unless the only way to assemble the parts was into a short
barreled rifle. As this set had a legitimate, legal, use for all
the parts it was OK. However they also approved of lower court
cases holding that the sale by one person, at the same place, of
all the parts to assemble an AR-15, with a short barrel, was sale
of a SBR, even if they weren't assembled together at the moment of
the bust, and had in fact never been assembled. See U.S. v.
Drasen, 845 F.2d 731 (7th Cir. 1988). This was because the only
use for the parts in that case was a SBR. If the person in that
case also had a registered M-16, then there would be a legitimate
use for the SMG barrel, and there shouldn't be a problem. And the
Court agreed, of course, that a fully assembled rifle with a barrel
less than 16", or an overall length of less than 26" was also
subject to registration. Although it was not addressed in the
case, the rule is that an otherwise short barreled rifle that is
very easily restored to firing condition (readily restorable);
e.g., one missing a firing pin, but for that pin one may substitute
a nail or other common object, is also subject to the law.
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