### Question
How does the law define home State?


### Answer
Under *15 U.S.C. § 6764*, **home State** is defined as:

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

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

