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Old 2021-01-15, 22:58   #706
Dr Sardonicus
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Feb 2017

22·11·101 Posts

NRA declares bankruptcy, plans to incorporate in Texas
AUSTIN, Texas (AP) — The National Rifle Association announced Friday it has filed for bankruptcy and will seek to incorporate the nation’s most politically influential gun-rights group in Texas instead of New York.

The announcement made on the NRA's website comes months after New York's attorney general sued the organization over claims that top executives illegally diverted tens of millions of dollars for lavish personal trips, no-show contracts for associates and other questionable expenditures.
The NRA said it filed for Chapter 11 bankruptcy in a Dallas federal court.
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