Instrumentality Rule

0.01 sec.

A principle of corporate law that permits a court to disregard the corporate existence of a subsidiary corporation when it is operated solely for the benefit of the parent corporation, which controls and directs the activities of the subsidiary while asserting the shield of limited liability.

The instrumentality rule, also called the alter ego doctrine, destroys the corporate Immunity from liability when the corporate nature of an organization is a sham that brings about injustice. When the rule is applied, the court is considered to pierce the corporate veil.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Legal browser	?		Full browser	?
alter ego Corporations finances Piercing the Corporate Veil			instruct instruct badly instructed instructing instruction instruction to appear instructional instructional corps instructional personnel instructions instructive instructors instruere instrument instrument evidencing an agreement instrument for use in combat instrument granting possession of premises instrument held until the performance of a condition instrument of proof instrument of war instrument of warfare instrument which transfers title to realty Instrumenta instrumental instrumentality Instrumentality Rule instruments instruments of combat instrumentum insubmission insubordinate insubordination insubstantial insubstantiality insuetus insufferable insufferable harm insufficiency insufficiency as a matter of law insufficiency of funds insufficiency of service insufficient insufficient evidence insufficient funds insufficient income insufficiently considered Insula insular insulate insulation insulator			Instrumental refrain Instrumental refrain instrumental role Instrumental science Instrumental science Instrumental Software Technologies, Inc. Instrumental Suicidal Behaviour Instrumental Teaching Provision Instrumental transcommunication instrumental values instrumental values instrumental values instrumental values instrumental values Instrumental variable Instrumental variables and generalized least squares Instrumental version Instrumental version instrumentalism instrumentalism instrumentalist instrumentalist Instrumentalists Instrumentalists instrumentalities instrumentalities instrumentalities instrumentality instrumentality instrumentality Instrumentality Rule instrumentally instrumentally instrumentally instrumentally Instrumentalness Instrumentals Instrumentals Instrumentals Instrumentals instrumentarium Instrumentary instrumentate instrumentation instrumentation instrumentation instrumentation Instrumentation & Automation News Instrumentation & Communications Officer Instrumentation & Electrical Instrumentation & Industrial Digital Camera Instrumentation amplifier Instrumentation amplifier Instrumentation and Communications Instrumentation and Communications Subsystem Instrumentation And Control Instrumentation and Control Engineering Instrumentation and Control System Instrumentation and Electrical Instrumentation and Laboratory Improvement Instrumentation and Measurement Society

Legal Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.