YES...The States still hold the rights to form and maintain their own militia if the need were to arise...
TITLE 10 > Subtitle A > PART I > CHAPTER 13 > § 311
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§ 311. Militia: composition and classes(a) The militia of the United States consists of all able-bodied males at least 17 years of age and, except as provided in section 313 of title 32, under 45 years of age who are, or who have made a declaration of intention to become, citizens of the United States and of female citizens of the United States who are members of the National Guard.
(b) The classes of the militia are-(1) the organized militia, which consists of the National Guard and the Naval Militia; and
(2) the unorganized militia, which consists of the members of the militia who are not members of the National Guard or the Naval Militia. (State Militias).....
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A State militia is always subject to federal, state, or local government control. A "private" militia or army not under government control is considered illegal and in rebellion, and as a result subject to harsh punishments.