178.1005 Activities not constituting doing business.
(1) Activities of a foreign limited liability partnership which do not constitute doing business in this state under this subchapter include all of the following:
(a) Maintaining, defending, mediating, arbitrating, or settling an action or proceeding.
(b) Carrying on any activity concerning its internal affairs, including holding meetings of its partners.
(c) Maintaining accounts in financial institutions.
(d) Maintaining offices or agencies for the transfer, exchange, and registration of securities of the partnership or maintaining trustees or depositaries with respect to those securities.
(e) Selling through independent contractors.
(f) Soliciting or obtaining orders by any means if the orders require acceptance outside this state before they become contracts.
(g) Creating or acquiring indebtedness, mortgages, or security interests in property.
(h) Securing or collecting debts or enforcing mortgages or security interests in property securing the debts and holding, protecting, or maintaining property.
(i) Conducting an isolated transaction that is not in the course of similar transactions.
(j) Owning, without more, property.
(k) Doing business in interstate commerce.
(2) A person does not do business in this state solely by being a partner of a foreign limited liability partnership that does business in this state.
(3) This section does not apply in determining the contacts or activities that may subject a foreign limited liability partnership to service of process, taxation, or regulation under law of this state other than this chapter.
History: 2015 a. 295.