It would be like the Gordian Knot of lies.
It’s possible for LaPierre to have been misappropriating compensation and shorting the organization, and for the organization to continue to have a right and purpose for existence. I am a lot more concerned about the 2nd point than the first. The NY AG uses her power to act on behalf of non-profit organizations to take this action, and that is understandable, and non-controversial in any jurisdiction in the US. But what I am expecting to hear from James is her announcement that in order to save the organization, she had to kill it. I suspect it is drafted and loaded up and may be heard at any time now.
Others should be constructing a parallel organization (in Texas) that can step in and pick up all of the proper functions of the NRA, particularly the lobbying, whenever the guillotine falls in NY.