What is an alien corporation?

• A. A corporation organized under the laws of another country
• B. A corporation created under Florida law
• C. A corporation organized under the laws of another state
• D. A nonprofit corporation

Answer: (A)

An alien corporation is one that is organized under the laws of a country other than the United States. In Florida insurance terms, this means the company isn’t formed under Florida law (domestic) and isn’t organized under the laws of another U.S. state (foreign); it comes from a foreign country. This distinguishes it from a domestic or foreign U.S. corporation, and it isn’t about nonprofit status. So the definition that best fits is: organized under the laws of another country.