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National Rifle Association says it has filed bankruptcy petitions in U.S. court By Reuters

© Reuters. FILE PHOTO: A general view shows the National Rifle Association (NRA) headquarters, in Fairfax

By Jan Wolfe

WASHINGTON (Reuters) – The National Rifle Association on Friday said in a statement that it has filed bankruptcy petitions in U.S. court as part of a restructuring plan.

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

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