### Question
How is the term home State defined?


### Answer
The term **home State** is defined in *15 U.S.C. § 6766* as the following:

> the State in which the insurance producer maintains its principal place of residence and is licensed to act as an insurance producer

#### Citation:
  - *15 U.S.C. § 6766*
  - Heading: **CHAPTER 93-INSURANCE > SUBCHAPTER III-NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS**

