NRS 686C.115
“Principal place of business” defined.
1.
“Principal place of business” of an organization means the single state in which the natural persons who establish policy for the direction, control and coordination of the operations of the organization as a whole primarily perform that function, determined by the Association in its reasonable judgment by considering:(a)
The state in which the primary executive and administrative headquarters of the organization is located;(b)
The state in which the principal office of the chief executive officer of the organization is located;(c)
The state in which the board of directors, or similar governing authority, of the organization conducts the majority of its meetings;(d)
The state in which the executive or managerial committee of the board of directors, or similar governing authority, of the organization conducts the majority of its meetings; and(e)
The state from which the management of the overall operations of the organization is directed.2.
“Principal place of business” of the sponsor of a benefit plan means the principal place of business of the association, committee, joint board of trustees or similar group of representatives of the parties who establish or maintain the plan or, if that cannot be ascertained, of the employer or the employee organization that has the largest investment in the plan, except that in either case if more than half of the participants of the plan are employed in one state, it means that state. In the case of a benefit plan sponsored by affiliated companies comprising a consolidated corporation, it means the state in which the holding company or controlling affiliate has its principal place of business as determined by using the factors set forth in subsection 1.
Source:
Section 686C.115 — “Principal place of business” defined., https://www.leg.state.nv.us/NRS/NRS-686C.html#NRS686CSec115.