What designation applies to a corporation operating in a state other than where it is chartered?

The designation that applies to a corporation operating in a state other than where it is chartered is known as a foreign corporation. This term is used to specify a corporation that has been formed in one state but conducts business in another state. Each state has its own requirements for registration, and a corporation must register with the additional state to legally operate there. This designation is significant in legal contexts, particularly concerning compliance with state regulations and taxation.

In contrast, a domestic corporation refers to a corporation that is incorporated and operates in the same state. A limited liability corporation, or LLC, is a variation of business entity that offers limited liability to its owners but is distinct from a corporation. Lastly, a non-profit corporation is characterized by its purpose of serving the public good rather than generating profit for owners, and does not specifically relate to the geographic operation of the entity.