Last updated on: 1/18/2021 | Author: ProCon.org

NRA Files for Bankruptcy

On Jan. 15, 2021, the NRA filed for bankruptcy, and announced plans to leave New York and move to Texas where the organization will reincorporate. New York Attorney General Letitia James called the move a “tactic to evade accountability and my office’s oversight.” NRA CEO and Executive Vice President Wayne Lapierre stated, “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.”