On one hand, there's not one word in FSA2013 about loaning firearms. MD case law says you can. Technically, the answer is yes. I personally wouldn't for a non-HBAR AR unless the person I'm loaning to has their HQL. CYA.
I'd be more concerned about magazine transfer.
Unless you have some 10 rounders laying around.
That's how I look at it. A loan is not a transfer of ownership, it is a transfer of possession. IANAL.
There are sooooo many ways this could go wrong. Just loan them a shotgun.
... and MD case law says transfer of possession (loans) can be indefinite, meaning that eternity qualifies. 10-round mags or less as stated above.
This is a good question. I remember during the '68 Riots our neighbor behind us lent my father a pistol and ammo "just in case". Dad returned it soon after events subsided and bought his own. What are we now allowed to lend family, friends, or neighbors and how do we do it legally? Do we need to execute some kind of written document or is a handshake good enough?
As I mentioned above, I wouldn't do it unless the person I'm loaning to has their HQL. Otherwise the gray zone is not worth the risk, IMO.
Retired, career army.
I personally wouldn't for a non-HBAR AR unless the person I'm loaning to has their HQL. CYA.
HQL is for handguns not rifles.