Written by Michael Palomba
It was revealed on Friday that the National Rifle Association will be filing for bankruptcy, and as part of that process, they will be moving to Texas. The news was released in a letter from NRA CEO Wayne LaPierre.
“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. The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas.”
That “toxic political environment” that LaPierre references has been on full display in recent months. Back in August, New York Attorney General Letitia James announced she was filing a lawsuit to dissolve the NRA.
“The NRA is fraught with fraud and abuse, which is why, today, we seek to dissolve the NRA, because no organization is above the law,” she said.
President Trump urged the NRA to leave the state, “That’s a very terrible thing that just happened. I think the NRA should move to Texas and lead a very good and beautiful life,” he said on the White House lawn.
La Pierre reassured the organization’s followers that they are not bankrupt or shutting down.
“As you may know, chapter 11 proceedings are often utilized by businesses, nonprofits and organizations of all kinds to streamline legal and financial affairs… We are as financially strong as we have been in years,” he said later in the letter.
The move was welcomed by many, including Texas Governor Greg Abbott.
NRA may be moving to Texas.
From their letter:
“Texas values the contributions of the NRA, celebrates our law-abiding members, and joins us as a partner in upholding constitutional freedom.”
Welcome to Texas—a state that safeguards the 2nd Amendment https://t.co/CCoP5DmGMI
— Greg Abbott (@GregAbbott_TX) January 15, 2021
Photo by Johnny Hanson/Houston Chronicle via AP, File
