Home Forums Hunting & Shooting Hunter's Campfire NRA Files for Bankruptcy

Say they will reincorporate in Texas!!

That makes great sense.

Everybody knows the people they need to lobby are found
in Texas.


Maybe Wayne bought a mansion on the coast, and wanted
work moved closer?

Waiting for whatsabear to confirm or deny.

🦫

If they dare to reincorporate with LaPierre and the same Directors, they can continue to kiss my ass.

GOA all the way. No-compromising on 2A and actually trying to roll back legislation.

The National Rifle Association (NRA) has filed for bankruptcy and will reincorporate in Texas, the gun rights advocacy group announced Friday.

The NRA, which is based in New York, said it's exiting “what it believes is a corrupt political and regulatory environment in New York” and will restructure as a Texas nonprofit. Its plan, it said, “involves utilizing the protection of the bankruptcy court.”

“The move will enable long-term, sustainable growth and ensure the NRA’s continued success as the nation’s leading advocate for constitutional freedom – free from the toxic political environment of New York,” the NRA said in a statement.


The NRA also claims it is in its “strongest financial condition in years” and said there will be no immediate changes to its operations or workforce. Texas is home to more than 400,000 NRA members and the group is holding its annual meeting in Houston in 2021.

“This strategic plan represents a pathway to opportunity, growth and progress,” NRA CEO Wayne LaPierre said in a statement. “Obviously an important part of this plan is ‘dumping New York.’ The NRA is pursuing reincorporating in a state that values the contributions of the NRA, celebrates our law-abiding members, and will join us as a partner in upholding constitutional freedom. This is a transformational moment in the history of the NRA.”
..
The news follows a lawsuit from New York Attorney General Letitia James (D) in August that alleges the NRA violated state law governing nonprofit organizations, contributing to a loss of more $64 million over three years.

The civil suit also claimed that the group and four of its top officials, including LaPierre, diverted millions of dollars away from its charitable mission.

Following the civil suit announcement, Democrats on the House Ways and Means Committee called on the IRS to review the tax-exempt status of the NRA and NRA Foundation.

https://thehill.com/homenews/534500-nra-filing-for-bankruptcy-moving-from-new-york-to-texas

So, are they going to wipe out my life membership as part of this reorganization?

It's what they should have done years ago.

They will never see another dime from me until someone drives a stake through Wayne’s heart

They going to come and repossess my life member jacket?

The fight is here, and right now. You better save your money for food, and bullets rather than supporting a 501c3 during this time in history.

No organization is going to be inside your domicile to help save your family when the gun powder starts burning.

Valid question

So LaPierre sucked all the available cash out of the coffers right before our very eyes.

Is Wayne a Democrat? Communist? Will he see prison?

You guys are not looking back far enough,

Where was WLP when the NRA showed support for GCA-68

^ I’m with this guy

Federal Bankruptcy law states you must be insolvent to file, number one question is where did all the money go?

And as far as can they flush all responsibility to benefits, member levels and such, yes they CAN, will they that remains to be seen.

From a strategic stand point it is a wise move, but the Dems in TX will be just as vitriolic as those in New York, and mos the big cities will not want them headquartered there, may have to move to Cow Patty West TX.

'Bout time.

Among those ditching New York are Rush Limbaugh and Donald Trump.

For the NRA, it's mostly a legal and regulation move. The HQ will stay in Virginia. Memberships will stay intact.

And we don't need any fat ugly pot-bellied affirmative action groid woman who hates us to "defend our interests" against the NRA executives, by abolishing our organization, thank you. This move basically eliminates the ability of Noo Yawk to politically persecute the NRA.

Yep. Donate what you used to give to the NRA to GOA.