State AG tells court NRA's bankruptcy, move will not deter dissolution
Nick Reisman is reporting for State of Politics New York Attorney General Letitia James's office in a legal filing January 20, argued the National Rifle Association's bankruptcy and move to Texas should not prevent the state's dissolution case filed last year from moving forward. The national gun-rights organization last month announced it would declare bankruptcy and leave New York, where it has been incorporated since the 19th century. James's office in August filed a lawsuit to dissolve the group, citing a law governing the oversight of non-profit entities. In a filing filed with the state Supreme Court, James's office wrote the lawsuit should remain in good standing. The suit claims the group misused its funds, a charge the NRA denies. "Any moneys the Attorney General recoups will be returned to the NRA or, upon a judicial dissolution, used in accordance with donor intent or with court direction and approval for a purpose substantially similar to the mission of the NRA," the filing stated. James herself made a similar point on the case in a statement issued last week. “We will not allow the NRA to use this or any other tactic to evade accountability and my office’s oversight," she said. Read the full story at nystateofpolitics [dot] com.