Under the RMBCA,a corporation can act as an incorporator of another corporation.

Name: Under the RMBCA,a corporation can act as an incorporator of another corporation.
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The RMBCA (Revised Model Business Corporation Act) allows for a corporation to be an incorporator of another corporation. This means that the incorporating corporation, or the "parent" corporation, establishes a new, separate corporation, which becomes the "subsidiary" corporation.

Under the RMBCA,a Corporation Can Act as an Incorporator of Another