Activities not constituting doing business
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Law
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Mississippi Code
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Corporations, Associations, and Partnerships
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Mississippi Uniform Limited Partnership Act
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Foreign Limited Partnerships
- Activities not constituting doing business
Activities of a foreign limited partnership which do not constitute doing business in this state under this article include:
- Maintaining, defending, mediating, arbitrating, or settling an action or proceeding;
- Carrying on any activity concerning its internal affairs, including holding meetings of its partners;
- Maintaining accounts in financial institutions;
- Maintaining offices or agencies for the transfer, exchange, and registration of securities of the partnership or maintaining trustees or depositories with respect to those securities;
- Selling through independent contractors;
- Soliciting or obtaining orders by any means if the orders require acceptance outside this state before they become contracts;
- Creating or acquiring indebtedness, mortgages, or security interests in property;
- Securing or collecting debts or enforcing mortgages or security interests in property securing the debts and holding, protecting, or maintaining property;
- Conducting an isolated transaction that is not in the course of similar transactions;
- Owning, without more, property; and
- Doing business in interstate commerce.
A person does not do business in this state solely by being a partner of a foreign limited partnership that does business in this state.
This section does not apply in determining the contacts or activities that may subject a foreign limited partnership to service of process, taxation, or regulation under law of this state other than this chapter.
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