Definitions for "Home State" Add To Word List
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This term refers to the state in which a child lived with a parent or a person acting as the parent for at least six consecutive months immediately preceding the time of filing of a petition or comparable pleading for support. If a child is less than six months old, the state in which the child lived from birth with the parent or person acting as the parent is considered the home state. A period of temporary absence is counted as part of the six month period.
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The state where the parties were living six months before the action is filed. The home state court is generally the court with jurisdiction to make final determinations in a dissolution case.
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The state where the child has lived for at least six consecutive months or since birth if the child is less than six months old.
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The state of incorporation of the insurance company. This is not necessarily the state of legal domicile.
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A term for the EU country that a financial services firm is based in. When taking advantage of the 'passport' the home state regulator is responsible for capital adequacy and client assets. The host state is responsible for the conduct of business rules and local supervision.
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