The National Rifle Association (NRA) announced Friday that it plans to leave New York by filing for bankruptcy and reincorporating in Texas.
The NRA has more than 5 million members nationwide and seeks to protect Second Amendment rights. The NRA was chartered as a nonprofit in New York in 1871 and is incorporated in the state. It is headquartered in Virginia. Going forward, the NRA said a committee will study opportunities to relocate segments of its operations to Texas and elsewhere.
