National Rifle Association Files for Bankruptcy
variety.comJordan Moreau The National Rifle Association has filed for Chapter 11 bankruptcy and intends to relocate from New York to Texas, the organization announced Friday.Executive Vice President Wayne LaPierre made the announcement on the NRA’s website, saying the group is “dumping” New York and moving to Texas to be “free from the toxic political environment of New York.”“Today, the NRA announced a restructuring plan that positions us for the long-term and ensures our continued success as the nation’s leading advocate for constitutional freedom — free from the toxic political environment of New York,” he wrote. “The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas.” LaPierre.
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