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NRA Files for Bankruptcy #7138424
01/15/21 05:08 PM
01/15/21 05:08 PM
Joined: Dec 2006
Posts: 1,293
Michigan
G
Garryowen Offline OP
trapper
Garryowen  Offline OP
trapper
G

Joined: Dec 2006
Posts: 1,293
Michigan
NRA files for bankruptcy, says it will reincorporate in Texas

The National Rifle Association said Friday that it has filed for bankruptcy in U.S. court as part of a larger restructuring plan aimed at moving to Texas.
The gun-rights advocacy group said it would restructure as a Texas nonprofit to exit from what it described as “a corrupt political and regulatory environment in New York,” where it is currently registered.
Last year, New York Attorney General Letitia James announced that the state was seeking to dissolve the NRA in a lawsuit that accused the organization’s leadership of diverting millions for their own personal use, resulting in a $64 million loss to the organization.

WASHINGTON – The National Rifle Association said Friday that it has filed for bankruptcy in U.S. court as part of a larger restructuring plan aimed at moving to Texas after New York state had sought the organization’s dissolution for allegedly misappropriating funds.

The gun-rights advocacy group said it would restructure as a Texas nonprofit to exit from what it described as “a corrupt political and regulatory environment in New York,” where it is currently registered.

“The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas,” wrote NRA CEO and executive vice president Wayne LaPierre, adding that the move will have “no major changes are expected to the NRA’s operations or workforce.”

In his statement Friday, LaPierre said that the NRA is not insolvent and the move to Texas would make the organization stronger. “We are as financially strong as we have been in years,” he said.

He added that the organization has no plans at this time to move the NRA headquarters from Fairfax, Virginia.

Last year, New York Attorney General Letitia James announced that the state was seeking to dissolve the NRA in a lawsuit that accused the organization’s leadership of diverting millions for their own personal use, resulting in a $64 million loss to the organization.

“The NRA’s influence has been so powerful that the organization went unchecked for decades while top executives funneled millions into their own pockets,” James said in August. “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 added.

James is asking the court to dissolve the NRA and require each of the current and former executives named in the suit to pay full restitution.

NRA president Carolyn Meadows said in a statement at the time, that the suit is “a baseless, premeditated attack on our organization and the Second Amendment freedoms it fights to defend.”

The suit is another step in a long-running battle between New York and the gun-rights group, which has been chartered in the state since 1871.

Garryowen

Re: NRA Files for Bankruptcy [Re: Garryowen] #7138436
01/15/21 05:17 PM
01/15/21 05:17 PM
Joined: Dec 2009
Posts: 10,109
The Hill Country of Texas
Leftlane Offline
"HOSS"
Leftlane  Offline
"HOSS"

Joined: Dec 2009
Posts: 10,109
The Hill Country of Texas
As a Texan I welcome them and would love the opportunity for some input as to who they have running the show and which hills they plan to die on!


“What’s good for me may not be good for the weak minded.”
Captain Gus McCrae- Texas Rangers


Re: NRA Files for Bankruptcy [Re: Garryowen] #7138438
01/15/21 05:17 PM
01/15/21 05:17 PM
Joined: Feb 2007
Posts: 858
Lake Clark, Alaska
AKtrapper26 Offline
trapper
AKtrapper26  Offline
trapper

Joined: Feb 2007
Posts: 858
Lake Clark, Alaska
So, I'm curious...this "restitution" the demented attorney is speaking of...where is she thinking it would go? To the dues-paying NRA members and supporting donators, where the money would have actually came from...or is she implying the state of New York is due these funds? (is she implying the state of New York was funding, of all things...the NRA? and was "wronged") LOL

To clarify: This is all rhetorical, illustrative thinking...just in case. wink


"...if it moves, ground check that joker and tear at it with your pointy teeth. But save all the green stuff for the hippies." --The Possum Man


Re: NRA Files for Bankruptcy [Re: Garryowen] #7138440
01/15/21 05:19 PM
01/15/21 05:19 PM
Joined: Dec 2010
Posts: 24,970
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 24,970
Central, SD
They should of picked SD not sure how long Texas will remain red the way they are going.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: NRA Files for Bankruptcy [Re: Garryowen] #7138446
01/15/21 05:22 PM
01/15/21 05:22 PM
Joined: Dec 2009
Posts: 10,109
The Hill Country of Texas
Leftlane Offline
"HOSS"
Leftlane  Offline
"HOSS"

Joined: Dec 2009
Posts: 10,109
The Hill Country of Texas
Stop talkin like that and I mean right now Jerry.

If Trump had gotten a wall built to the south if he got re-elected, Savell, Sheepdog, Bullet Box, ETexas Trapper, Cedar Hacker, & I were going to build walls North, east, and especially to the west. These daggum California an Oregon immigrants are trying to ruin us.


Remember the Alamo!


“What’s good for me may not be good for the weak minded.”
Captain Gus McCrae- Texas Rangers


Re: NRA Files for Bankruptcy [Re: Garryowen] #7138447
01/15/21 05:23 PM
01/15/21 05:23 PM
Joined: Dec 2009
Posts: 10,109
The Hill Country of Texas
Leftlane Offline
"HOSS"
Leftlane  Offline
"HOSS"

Joined: Dec 2009
Posts: 10,109
The Hill Country of Texas
Mark June was gonna bless it for us too! cool


“What’s good for me may not be good for the weak minded.”
Captain Gus McCrae- Texas Rangers


Re: NRA Files for Bankruptcy [Re: Garryowen] #7138477
01/15/21 05:48 PM
01/15/21 05:48 PM
Joined: Dec 2006
Posts: 5,176
Three Lakes,WI 69
C
corky Online content
trapper
corky  Online Content
trapper
C

Joined: Dec 2006
Posts: 5,176
Three Lakes,WI 69
They should move their headquarters also.

Re: NRA Files for Bankruptcy [Re: Garryowen] #7138488
01/15/21 05:52 PM
01/15/21 05:52 PM
Joined: Dec 2006
Posts: 36,701
Northern Maine
Bruce T Offline
trapper
Bruce T  Offline
trapper

Joined: Dec 2006
Posts: 36,701
Northern Maine
Sounds good to me.


My President is still President Trump
Re: NRA Files for Bankruptcy [Re: Garryowen] #7138498
01/15/21 05:58 PM
01/15/21 05:58 PM
Joined: Sep 2012
Posts: 6,542
West Michigan
G
Getting There Offline
trapper
Getting There  Offline
trapper
G

Joined: Sep 2012
Posts: 6,542
West Michigan
Very bad timing if you ask me. IMO the NRA has needed restructuring for a long time. Way to many board member, paying large amounts of money to a large number of people at the top. Way to long in coming.


To Old
U.S. Army 60-63 SGT.
Re: NRA Files for Bankruptcy [Re: Garryowen] #7138499
01/15/21 05:58 PM
01/15/21 05:58 PM
Joined: Oct 2018
Posts: 4,319
Dunbar, Wisconsin
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Pike River Offline
trapper
Pike River  Offline
trapper
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Joined: Oct 2018
Posts: 4,319
Dunbar, Wisconsin
Anyone know what this is about?

Last year, New York Attorney General Letitia James announced that the state was seeking to dissolve the NRA in a lawsuit that accused the organization’s leadership of diverting millions for their own personal use, resulting in a $64 million loss to the organization.

Re: NRA Files for Bankruptcy [Re: Pike River] #7138503
01/15/21 06:02 PM
01/15/21 06:02 PM
Joined: Dec 2006
Posts: 36,701
Northern Maine
Bruce T Offline
trapper
Bruce T  Offline
trapper

Joined: Dec 2006
Posts: 36,701
Northern Maine
Originally Posted by Pike River
Anyone know what this is about?

Last year, New York Attorney General Letitia James announced that the state was seeking to dissolve the NRA in a lawsuit that accused the organization’s leadership of diverting millions for their own personal use, resulting in a $64 million loss to the organization.

Fake news media.I don't believe nothing I hear from them about 2A.


My President is still President Trump
Re: NRA Files for Bankruptcy [Re: Pike River] #7138533
01/15/21 06:19 PM
01/15/21 06:19 PM
Joined: May 2011
Posts: 1,605
Garden,Michigan
B
Buck (Zandra) Offline
trapper
Buck (Zandra)  Offline
trapper
B

Joined: May 2011
Posts: 1,605
Garden,Michigan
Originally Posted by Pike River
Anyone know what this is about?

Last year, New York Attorney General Letitia James announced that the state was seeking to dissolve the NRA in a lawsuit that accused the organization’s leadership of diverting millions for their own personal use, resulting in a $64 million loss to the organization.

Do you know anything about Letitia James and the her anti NRA rhetoric?


Buck(formely known as Zandra)
Re: NRA Files for Bankruptcy [Re: Pike River] #7138584
01/15/21 06:56 PM
01/15/21 06:56 PM
Joined: Dec 2006
Posts: 14,618
SEPA
L
Lugnut Offline
trapper
Lugnut  Offline
trapper
L

Joined: Dec 2006
Posts: 14,618
SEPA
Originally Posted by Pike River
Anyone know what this is about?

Last year, New York Attorney General Letitia James announced that the state was seeking to dissolve the NRA in a lawsuit that accused the organization’s leadership of diverting millions for their own personal use, resulting in a $64 million loss to the organization.


IMO, it's about liberals trying to destroy the most powerful pro-gun lobby in America.

What do you think it's about?


Eh...wot?

Re: NRA Files for Bankruptcy [Re: Garryowen] #7138707
01/15/21 07:40 PM
01/15/21 07:40 PM
Joined: Dec 2006
Posts: 19,342
Alabama (Bama for short) 108 y...
Jtrapper Offline
trapper
Jtrapper  Offline
trapper

Joined: Dec 2006
Posts: 19,342
Alabama (Bama for short) 108 y...
Funny they never worry about where BLM money is going or who is taking it home with them or any other zillion 'group' ran by liberal democrats. Doesn't matter, with the new communist regime in charge they shouldn't have any problem doing away with NRA , conservatives or anyone who dares oppose the knowing all seeing all communist ran state we are to live in from now on.

Elections have consequence's and never let a good crisis (covid 19) go to waste!


Not my circus, not my clowns.
Re: NRA Files for Bankruptcy [Re: Garryowen] #7138744
01/15/21 07:55 PM
01/15/21 07:55 PM
Joined: Feb 2007
Posts: 858
Lake Clark, Alaska
AKtrapper26 Offline
trapper
AKtrapper26  Offline
trapper

Joined: Feb 2007
Posts: 858
Lake Clark, Alaska
The irony to me is that she is, by her statement, pretending to be concerned that the organization "lost" money, as if she is somehow doing them a favor...by dissolving them and disbanding them grin Wouldn't the appropriate legal action be to go after the "known" guilty parties, in order to cleanse the Good organization and stop their loss of funds? wink


"...if it moves, ground check that joker and tear at it with your pointy teeth. But save all the green stuff for the hippies." --The Possum Man


Re: NRA Files for Bankruptcy [Re: Garryowen] #7138791
01/15/21 08:10 PM
01/15/21 08:10 PM
Joined: Jan 2019
Posts: 1,424
North central Iowa
B
Bob_Iowa Offline
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Bob_Iowa  Offline
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B

Joined: Jan 2019
Posts: 1,424
North central Iowa
I guess I don’t understand how a judge can disband an organization when haven’t been found guilty of a crime?

Re: NRA Files for Bankruptcy [Re: Buck (Zandra)] #7138854
01/15/21 08:29 PM
01/15/21 08:29 PM
Joined: Oct 2018
Posts: 4,319
Dunbar, Wisconsin
P
Pike River Offline
trapper
Pike River  Offline
trapper
P

Joined: Oct 2018
Posts: 4,319
Dunbar, Wisconsin
Originally Posted by Buck (Zandra)
Originally Posted by Pike River
Anyone know what this is about?

Last year, New York Attorney General Letitia James announced that the state was seeking to dissolve the NRA in a lawsuit that accused the organization’s leadership of diverting millions for their own personal use, resulting in a $64 million loss to the organization.

Do you know anything about Letitia James and the her anti NRA rhetoric?

Nope. Seeing she's from NY I would assume she's no friend but that's quite the statement to make and I did hear there was issues last year with Leperrier

Re: NRA Files for Bankruptcy [Re: Law Dog] #7138869
01/15/21 08:32 PM
01/15/21 08:32 PM
Joined: Dec 2006
Posts: 40,973
Minnesota
330-Trapper Offline
trapper
330-Trapper  Offline
trapper

Joined: Dec 2006
Posts: 40,973
Minnesota
Originally Posted by Law Dog
They should of picked SD not sure how long Texas will remain red the way they are going.

True


NRA and NTA Life Member
www.BackroadsRevised@etsy.com




Re: NRA Files for Bankruptcy [Re: Garryowen] #7138875
01/15/21 08:37 PM
01/15/21 08:37 PM
Joined: Dec 2006
Posts: 40,973
Minnesota
330-Trapper Offline
trapper
330-Trapper  Offline
trapper

Joined: Dec 2006
Posts: 40,973
Minnesota
Hope I'm still a Life Member
I'll keep Supporting them!!!


NRA and NTA Life Member
www.BackroadsRevised@etsy.com




Re: NRA Files for Bankruptcy [Re: Garryowen] #7138878
01/15/21 08:38 PM
01/15/21 08:38 PM
Joined: Nov 2011
Posts: 2,550
Idaho Falls, ID
G
Grandpa Trapper Offline
trapper
Grandpa Trapper  Offline
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G

Joined: Nov 2011
Posts: 2,550
Idaho Falls, ID
When they move to Texas, how can Letitia James and New York disband them? Sounds like a smart move claiming bankruptcy if a lawsuit is coming.

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