- (a) A person shall be deemed to maintain his or her principal place of business at the place where he or she primarily conducts his or her affairs.
- (b) An individual shall be deemed to reside at the place where he or she dwells, whether or not he or she intends to dwell there permanently.
- (c) An individual shall be deemed to be domiciled at the place where he or she maintains his or her principal home with the intent of remaining there indefinitely and to which, if absent, he or she has a general intent to return.
- (d) A corporation shall be deemed to be domiciled at the place under the laws of which it is incorporated, and shall be deemed to reside at the place where it maintains its principal place of business.
- (e) An estate shall be deemed to have the residence, domicile, and principal place of business of the executor or administrator of such estate or, in case there is more than one executor or administrator of the estate, of each executor or administrator.
- (f) A trust shall be deemed to have the residence, domicile, and principal place of business of the trustee of such trust or, in case there is more than one trustee of the trust, of each trustee.
- (g) A firm, partnership, association, company, syndicate, business trust, or organization of any other kind shall be deemed to reside and be domiciled at the place where it maintains its principal place of business.
- (h) A branch or division of a person shall be deemed to reside and be domiciled at the place where such branch or division maintains its principal place of business.
In determining, for purposes of Financial Code Section 1805(a)(2) and of this Party whether a person is a foreign (other nation) person:
Note: Authority cited: Section 326, Financial Code. Reference: Section 1805, Financial Code.
History
1. Change without regulatory effect amending first paragraph and Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).