Principal place of business defined.
Nev. Rev. Stat. § 685A.038
in effectPrincipal place of business means, for the purpose of determining the home state of the insured:
1. The state where the insured maintains its headquarters and where the insureds high-level officers direct, control and coordinate its business activities;
2. If the insureds high-level officers direct, control and coordinate its business activities in more than one state, the state in which the greatest percentage of the insureds taxable premium for that insurance contract is allocated; or
3. If the insureds high-level officers direct, control and coordinate its business activities outside of any state, the state to which the greatest percentage of the insureds taxable premium for that insurance contract is allocated.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-685A.htmlFetched: 10/4/2026
