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NRA Files for Bankruptcy

January 15, 2021 · 4:27 pm ET · Leave a Comment

“The National Rifle Association said Friday that it has filed for bankruptcy in U.S. court as part of a larger restructuring plan aimed at removing its footprint in New York for Texas,” CNBC reports.

“The gun-rights advocacy group said it would restructure as a Texas nonprofit to exit what it said was a ‘a corrupt political and regulatory environment in New York,’ where it is currently registered.”

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Taegan Goddard

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