NRA Bankruptcy Case Denied, Allowing New York Dissolution Case To Move Forward : NPR
NPR
A federal bankruptcy judge dismissed an effort by the National Rifle Association to declare bankruptcy on Tuesday, ruling that the gun rights group had not filed the case in good faith.
The ruling slams the door on the NRA's attempt to use bankruptcy laws to evade New York officials seeking to dissolve the organization. In his decision, the federal judge said that "using this bankruptcy case to address a regulatory enforcement problem" was not a permitted use of bankruptcy.
Honestly I think it would be good for gun rights advocates if the assets of the NRA were dissolved and given to competitors. The organization is kind of stodgy and corrupt, and while I've contributed in the past I think we'd be better off with more vigorous defenses of the second amendment, especially if they can do more to support pro second amendment democrats.