{"identifier":"/us/usc/t15/s6764","title":15,"num":"\u00a7\u202f6764.","heading":"Definitions","text":"\u00a7\u202f6764.\nDefinitions\nFor purposes of this subchapter, the following definitions shall apply:\n(1)\nBusiness entity\nThe term \u201cbusiness entity\u201d means a corporation, association, partnership, limited liability company, limited liability partnership, or other legal entity.\n(2)\nDepository institution\nThe term \u201cdepository institution\u201d has the meaning as in\nsection 1813 of title 12\n(3)\nHome State\nThe term \u201chome State\u201d means the State in which the insurance producer maintains its principal place of residence or business and is licensed to act as an insurance producer.\n(4)\nInsurance\nThe term \u201cinsurance\u201d means any product, other than title insurance or bail bonds, defined or regulated as insurance by the appropriate State insurance regulatory authority.\n(5)\nInsurance producer\nThe term \u201cinsurance producer\u201d means any insurance agent or broker, excess or surplus lines broker or agent, insurance consultant, limited insurance representative, and any other individual or entity that sells, solicits, or negotiates policies of insurance or offers advice, counsel, opinions or services related to insurance.\n(6)\nInsurer\nThe term \u201cinsurer\u201d has the meaning as in\nsection 313(e)(2)(B) of title 31\n(7)\nPrincipal place of business\nThe term \u201cprincipal place of business\u201d means the State in which an insurance producer maintains the headquarters of the insurance producer and, in the case of a business entity, where high-level officers of the entity direct, control, and coordinate the business activities of the business entity.\n(8)\nPrincipal place of residence\nThe term \u201cprincipal place of residence\u201d means the State in which an insurance producer resides for the greatest number of days during a calendar year.\n(9)\nState\nThe term \u201cState\u201d includes any State, the District of Columbia, any territory of the United States, and Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands.\n(10)\nState law\n(A)\nIn general\nThe term \u201cState law\u201d includes all laws, decisions, rules, regulations, or other State action having the effect of law, of any State.\n(B)\nLaws applicable in the District of Columbia\nA law of the United States applicable only to or within the District of Columbia shall be treated as a State law rather than a law of the United States.","url":"https://projectusc.org/usc/t15/s6764.html","content":[{"t":"sec","id":"/us/usc/t15/s6764","children":[{"t":"num","text":"\u00a7\u202f6764."},{"t":"heading","text":"Definitions","tail":"\n"},{"t":"chapeau","text":"For purposes of this subchapter, the following definitions shall apply:"},{"t":"para","id":"/us/usc/t15/s6764/1","children":[{"t":"num","text":"(1)"},{"t":"heading","text":"Business entity"},{"t":"content","children":[{"t":"p","text":"The term \u201cbusiness entity\u201d means a corporation, association, partnership, limited liability company, limited liability partnership, or other legal entity.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/2","children":[{"t":"num","text":"(2)"},{"t":"heading","text":"Depository institution"},{"t":"content","children":[{"t":"p","text":"The term \u201cdepository institution\u201d has the meaning as in ","children":[{"t":"ref","text":"section 1813 of title 12","href":"/us/usc/t12/s1813","tail":"."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/3","children":[{"t":"num","text":"(3)"},{"t":"heading","text":"Home State"},{"t":"content","children":[{"t":"p","text":"The term \u201chome State\u201d means the State in which the insurance producer maintains its principal place of residence or business and is licensed to act as an insurance producer.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/4","children":[{"t":"num","text":"(4)"},{"t":"heading","text":"Insurance"},{"t":"content","children":[{"t":"p","text":"The term \u201cinsurance\u201d means any product, other than title insurance or bail bonds, defined or regulated as insurance by the appropriate State insurance regulatory authority.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/5","children":[{"t":"num","text":"(5)"},{"t":"heading","text":"Insurance producer"},{"t":"content","children":[{"t":"p","text":"The term \u201cinsurance producer\u201d means any insurance agent or broker, excess or surplus lines broker or agent, insurance consultant, limited insurance representative, and any other individual or entity that sells, solicits, or negotiates policies of insurance or offers advice, counsel, opinions or services related to insurance.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/6","children":[{"t":"num","text":"(6)"},{"t":"heading","text":"Insurer"},{"t":"content","children":[{"t":"p","text":"The term \u201cinsurer\u201d has the meaning as in ","children":[{"t":"ref","text":"section 313(e)(2)(B) of title 31","href":"/us/usc/t31/s313/e/2/B","tail":"."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/7","children":[{"t":"num","text":"(7)"},{"t":"heading","text":"Principal place of business"},{"t":"content","children":[{"t":"p","text":"The term \u201cprincipal place of business\u201d means the State in which an insurance producer maintains the headquarters of the insurance producer and, in the case of a business entity, where high-level officers of the entity direct, control, and coordinate the business activities of the business entity.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/8","children":[{"t":"num","text":"(8)"},{"t":"heading","text":"Principal place of residence"},{"t":"content","children":[{"t":"p","text":"The term \u201cprincipal place of residence\u201d means the State in which an insurance producer resides for the greatest number of days during a calendar year.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/9","children":[{"t":"num","text":"(9)"},{"t":"heading","text":"State"},{"t":"content","children":[{"t":"p","text":"The term \u201cState\u201d includes any State, the District of Columbia, any territory of the United States, and Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s6764/10","children":[{"t":"num","text":"(10)"},{"t":"heading","text":"State law"},{"t":"subpara","id":"/us/usc/t15/s6764/10/A","children":[{"t":"num","text":"(A)"},{"t":"heading","text":"In general"},{"t":"content","children":[{"t":"p","text":"The term \u201cState law\u201d includes all laws, decisions, rules, regulations, or other State action having the effect of law, of any State.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t15/s6764/10/B","children":[{"t":"num","text":"(B)"},{"t":"heading","text":"Laws applicable in the District of Columbia"},{"t":"content","children":[{"t":"p","text":"A law of the United States applicable only to or within the District of Columbia shall be treated as a State law rather than a law of the United States.","tail":"\n"}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}