The National Rifle Association (NRA), America’s largest gun lobbying organization, said in a recent court filing that it may soon “be unable to exist” in its current form due to crippling financial troubles, including an “inability to obtain insurance” and “other financial services essential to [its] corporate existence.”
Obtained and published in full (pdf) by Rolling Stone on Friday, the NRA’s court filing blames New York’s Democratic Gov. Andrew Cuomo for its purported financial crisis, claiming the state’s regulators have damaged the organization with “abuses” and a “blacklisting campaign” that has threatened its ability to function.
“The NRA’s inability to obtain insurance in connection with media liability raises risks that are especially acute; if insurers remain afraid to transact with the NRA, there is a substantial risk that NRATV will be forced to cease operating,” the court filing reads. In a further blow to its finances, the organization claims it “could be forced to cease circulation of various print publications and magazines.”
As Rolling Stone notes, the NRA has been suing New York’s financial regulators over the state’s supposed “blacklisting” effort since May.
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