TeachMeFinance.com - explain Dummy incorporator
Dummy incorporator -- One who serves in place of a real
party in interest to meet legal requirements.
In the organization of a new corporation (company) it is
often the case that the incorporators are dummies who serve
either for convenience in effecting the incorporation or for
the purpose of concealing the identity of the real parties in
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.