[§425-3.5]  Activities not constituting
transacting business.  (a)  The activities of a foreign general partnership
that do not constitute transacting business in this State within the meaning of
this chapter include:



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



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



(3)  Maintaining bank accounts;



(4)  Maintaining offices or agencies for the transfer,
exchange, and registration of the foreign 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, mortgages, or
security interests in real or personal property;



(8)  Securing or collecting debts or enforcing
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 of a like manner; and



(10)  Transacting business in interstate commerce.



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



(c)  This section shall not apply in
determining the contracts or activities that may subject a foreign general
partnership to service of process, taxation, or regulation under any other law
of this State. [L 2006, c 235, §1]