NRA Bankruptcy Plan Calls for Potential Governance Tweaks

The National Rifle Association filed a bankruptcy plan that calls for potential changes to the non-profit’s corporate governance.

• The NRA will hire an “expert to advise on non-profit corporate governance” who will propose changes to the gun group’s bylaws, court papers show
• Plan calls for hiring a chief compliance officer, whose duties will be proposed by the governance adviser
• The governance expert will also “prepare recommendations with respect to best corporate governance practices for the NRA and the Reorganized NRA,” court papers show
• The NRA’s board would vote on the proposed bylaw changes and hiring of chief compliance officer before ...