§425-162  Foreign limited liability
partnerships; activities not constituting the transaction of business. 
(a)  Activities of a foreign limited liability partnership that do not
constitute the transaction of business include:



(1)  Maintaining, defending, or settling an action or
proceeding;



(2)  Holding meetings of its partners or carrying on
any other activity concerning its affairs;



(3)  Maintaining bank accounts;



(4)  Maintaining offices or agencies for the transfer,
exchange, and registration of the partnership's own securities, or maintaining
trustees or depositories with respect to those securities;



(5)  Selling through independent contractors;



(6)  Soliciting or obtaining orders, whether by mail
or through employees, agents, or otherwise, if the orders require acceptance
outside this State before they become contracts;



(7)  Creating or acquiring indebtedness, with or
without a mortgage, or other security interest in property;



(8)  Collecting debts or foreclosing mortgages or
other security interests in property securing the debts, and holding,
protecting, and maintaining property so acquired;



(9)  Conducting an isolated transaction that is
completed within thirty days and is not one in the course of similar
transactions; and



(10)  Transacting business in interstate commerce.



(b)  The ownership in this State of
income-producing real property or income-producing tangible personal property,
other than property excluded under subsection (a), constitutes the transaction
of business in this State.



(c)  This section shall not apply to a
determination of contracts or activities that may subject a foreign limited
liability partnership to service of process, taxation, or regulation under any
other law of this State. [L 2000, c 218, pt of §1; am L 2002, c 130, §90]