17-76,121a. Activities which do not constitute doing business for foreign limited liability company.
17-76,121a
17-76,121a. Activities which do not constitute doingbusiness for foreign limited liability company.(a) Activities of a foreign limited liability company which do not constitutedoing business within the meaning of K.S.A. 17-76,121, andamendments thereto, include:
(1) Maintaining, defending or settling an action or proceeding;
(2) holding meetings or carrying on any other activity concerning itsinternal affairs;
(3) maintaining bank accounts;
(4) maintaining offices or agencies for the transfer, exchange andregistration of the company's own securities or maintaining trustees ordepositories with respect to those securities;
(5) selling through independent contractors;
(6) soliciting or obtaining orders, whether by mail or through employees oragents or otherwise, if the orders require acceptance outside this state beforethey become contracts;
(7) creating or acquiring indebtedness, mortgages or security interests inreal or personal property;
(8) securing or collecting debts or foreclosing mortgages or other securityinterests in property securing the debts, and holding, protecting andmaintaining property so acquired;
(9) conducting an isolated transaction that is completed within 30 days andis not one in the course of similar transactions of like nature; and
(10) transacting business in interstate commerce.
(b) The ownership in this state of income producing real property or tangiblepersonal property, other than property excluded under subsection (a),constitutes doing business in this state.
(c) This section does not apply in determining the contacts or activitiesthat may subject a foreign limited liability company to service of process,taxation or regulation under any other law of this state.
(d) The provisions of this section shall be part of and supplemental to theKansas revised limited liability company act.
History: L. 2004, ch. 143, § 101; Jan. 1, 2005.