NRA files for bankruptcy

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REDinFL
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NRA files for bankruptcy

Post by REDinFL »

https://www.newsmax.com/us/nra-guns/202 ... d/1005836/

NRA files for Chapter 11

Fortunately, that's for reorganization, which they will do as a Texas corporation.
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tector
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Post by tector »

The good thing about a Chapter 11 is all the dirty laundry that has been buried is likely to be put on the table. The haters will have their day, but that organization needs a thorough rinsing.
“Democracy is a pathetic belief in the collective wisdom of individual ignorance.”
MiamiOffshore
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Post by MiamiOffshore »

It's a good thing that they and their tax $, headquarters etc will no longer help the economy of New York State, vote with your feet as they say.
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TACC
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Post by TACC »

And does it change anything regarding life member status?

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tector
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Post by tector »

TACC wrote: Fri Jan 15, 2021 9:36 pm And does it change anything regarding life member status?

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Very doubtful--that would be terrible for business.
“Democracy is a pathetic belief in the collective wisdom of individual ignorance.”
MiamiOffshore
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Post by MiamiOffshore »

I read it will in no way change any status', magazine subscription, etc. Business will continue as normal, they are simply consolidating debts and re-organizing in Texas. They will come out of this stronger than the position they're currently in.
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REDinFL
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Post by REDinFL »

TACC wrote: Fri Jan 15, 2021 9:36 pm And does it change anything regarding life member status?

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In their announcement, they said it would not.
Hurrah for the Bonnie Blue Flag that bears a Single Star.
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