(1) As used in this section:
(a) “Detachable” means that an ammunition feeding device can be loaded or unloaded while detached from a firearm and readily inserted into a firearm.
(b) “Fixed” means that an ammunition feeding device is contained in or permanently attached to a firearm in such a manner that the device cannot be removed without disassembly of the firearm action.
(c) “Large-capacity magazine” means an ammunition feeding device, whether fixed or detachable, with the capacity to accept more than five rounds of ammunition, but does not include any of the following:
(A) An ammunition feeding device that has been permanently altered so that it is not capable, now or in the future, of holding more than five rounds of ammunition;
(B) A 0.22 caliber tube ammunition feeding device; or
(C) A tubular ammunition feeding device that is contained in a lever-action firearm.
(2) Except as provided in this section, a person may not possess a large-capacity magazine at any time after 180 days after the effective date of this 2019 Act.
(3) Prior to the 180th day following the effective date of this 2019 Act, a person in possession of a large-capacity magazine shall take one of the following actions with respect to each magazine:
(a) Permanently alter the magazine so that it is not capable, now or in the future, of holding more than five rounds of ammunition;
(b) Transfer or sell the magazine to a gun dealer out of state;
(c) Otherwise remove the magazine from the state;
(d) Transfer the magazine to a law enforcement agency; or (e) Permanently dispose of the magazine.