Nevada Revised Statutes 685A.0385 – ‘Principal residence’ defined
Current as of: 2023 | Check for updates
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‘Principal residence’ means, for the purpose of determining the home state of the insured:
Terms Used In Nevada Revised Statutes 685A.0385
- Contract: A legal written agreement that becomes binding when signed.
1. The state where the insured resides for the greatest number of days during a calendar year; or
2. If the insured’s principal residence is located outside of any state, the state to which the greatest percentage of the insured’s taxable premium for that insurance contract is allocated.
