place of business

place of business. A location at which one carries on a business. Cf. DOMICILE (2). [Cases: Corporations 52. C.J.S. Corporations §§ 107–109, 886.]

principal place of business. The place of a corporation’s chief executive offices, which is typically viewed as the “nerve center.” [Cases: Corporations 52, 503(1). C.J.S. Corporations §§ 107–109, 717, 886.]


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