### Question
Can you define what principal place of residence means?


### Answer
**Principal place of residence** is defined as the following in *15 U.S.C. § 6764*:

> the State in which an insurance producer resides for the greatest number of days during a calendar year

#### Citation:
  - *15 U.S.C. § 6764*
  - Heading: **CHAPTER 93-INSURANCE > SUBCHAPTER III-NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS**

