Definitions
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(1) Business entity
The term “business entity” means a corporation, association, partnership, limited liability company, limited liability partnership, or other legal entity.
(2) Depository institution
The term “depository institution” has the meaning as in section 1813 of title 12.
(3) Home State
The term “home State” means the State in which the insurance producer maintains its principal place of residence or business and is licensed to act as an insurance producer.