principal place of business
The office of a business where the books and records are kept and where executives manage the company.
Category: Business, LLCs & Corporations → Business Name, Location & Licenses

Nolo’s Plain-English Law Dictionary. . 2009.

principal place of business
n.
   location of head office of a business where the books and records are kept and/or management works. In most states corporations must report their principal place of business to the Secretary of State.

Law dictionary. . 2013.

Look at other dictionaries:

  • Principal Place Of Business — The primary location where a taxpayer s business is performed. The principal place of business is generally where the business s books and records are kept and is often where the head of the firm – or at least upper management – is… …   Investment dictionary

  • principal place of business — The criterion of the residence or nonresidence of a corporation. 36 Am J2d For Corp § 38. As a venue for the adjudication of a debtor in bankruptcy, the place where the debtor s personal business affairs are conducted, notwithstanding his… …   Ballentine's law dictionary

  • principal place of business — The Principal Place of Business (PPOB) is the place where orders are received and dealt with and the business is carried on and managed. HM Customs & Revenue Glossary …   Financial and business terms

  • principal place of business —    The location of the head office of a business where the accounts, contracts, and other records are kept, and usually where members of senior management work. Corporations must give details of their principal place of business to the Secretary… …   Business law dictionary

  • place of business — A place actually occupied, either continually or at regular periods, by a person or his clerks, in the pursuit of a lawful employment which occupies his time, attention and labor. Stephenson v Primrose (Ala) 8 Port 155. See place of doing… …   Ballentine's law dictionary

  • place of business, principal — n. The main or most important location of a business’s operations; the management headquarters or center of operations. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • chief place of business — As the term is used in a statute providing for the service of process on a corporation at its chief place of business, it means that service can be made either where the office of the corporation is located, or in the county where the corporation …   Ballentine's law dictionary

  • principal — prin·ci·pal 1 / prin sə pəl/ adj 1: being the main or most important, consequential, or influential their principal place of business the principal obligor 2: of, relating to, or constituting principal or a principal the principal amount of the… …   Law dictionary

  • business — Employment, occupation, profession, or commercial activity engaged in for gain or livelihood. Activity or enterprise for gain, benefit, advantage or livelihood. Union League Club v. Johnson, 18 Cal.2d 275, 108 P.2d 487, 490. Enterprise in which… …   Black's law dictionary

  • business — Employment, occupation, profession, or commercial activity engaged in for gain or livelihood. Activity or enterprise for gain, benefit, advantage or livelihood. Union League Club v. Johnson, 18 Cal.2d 275, 108 P.2d 487, 490. Enterprise in which… …   Black's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”