NRA declares bankruptcy, says it will reincorporate in Texas
it has filed for Chapter 11 bankruptcy and will seek to reincorporate in Texas, calling New York, where it is currently registered, a "toxic political environment." The move comes just months after New York Attorney General Letitia James the NRA, alleging the group committed fraud by diverting roughly $64 million in charitable donations over three years to support reckless spending by its executives./ The NRA then sued James in federal court, accusing her of violating its right to free speech./ Karl Racine, attorney general for Washington, ...
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