pervasively regulated business
Defined in 1 dictionary — Case Law
Definitions from Case Law
United States Supreme Court
When a dealer chooses to engage in this pervasively regulated business and to accept a federal license, he does so with the knowledge that his business records, firearms, and ammunition will be subject to effective inspection
Defined by the Supreme Court in - United States v. Biswell, 406 U.S. 311 (1972).