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National Rifle Association Leaves New York for Texas by Filing for Bankruptcy

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National Rifle Association Leaves New York for Texas by Filing for Bankruptcy

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The National Rifle Association (NRA) announced Friday that it plans to leave New York by filing for bankruptcy and reincorporating in Texas. The NRA has more than 5 million members nationwide and seeks to protect Second Amendment rights. The NRA was chartered as a nonprofit in New York in 1871 and is incorporated in the state. It is headquartered in Virginia. Going forward, the NRA said a committee will study opportunities to relocate segments of its operations to Texas and elsewhere. “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,” NRA vice president and CEO Wayne LaPierre said in a statement. “The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas. … This …

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