Originally Posted by
Dutch Uncle
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The NRA said it would restructure as a Texas nonprofit to exit what it said was a “a corrupt political and regulatory environment in New York” state, where it is currently registered."
BWAA-HA-HA-HA-HAAAAA Welcome to Texas!! Good guys win again!
I don't think the NRA understands what filing for bankruptcy means. It means that the creditors and the court control their finances and until both agree on the final plan for the NRA, the NRA can't dissolve or move money. An attempt to get around that by creating a new entity could well be seen by the court as fraud.
"We are all born ignorant, but one must work hard to remain stupid."
"Any fool can criticize, condemn and complain - and most fools do."
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