Principal place of business

{
  "id": "MLC-T-LAW-005420",
  "term": "Principal place of business",
  "field": "Law",
  "definition": "The primary location where a business's executive offices are situated and where its overall operations are directed, controlled, and coordinated. This designation is often used to determine a corporation's citizenship for purposes of diversity jurisdiction in federal courts. The \"nerve center\" test, established by the U.S. Supreme Court, focuses on where the high-level officers direct, control, and coordinate the corporation's activities.",
  "url": "https://mlchart.com/terminology/law/principal-place-of-business/"
}