21-19,146 Foreign corporation; authority to transact business required. - Nebraska Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-19_146

21-19,146. Foreign corporation; authority to transact business required.(a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the Secretary of State.(b) The following activities, among others, do not constitute transacting business within the meaning of subsection (a) of this section:(1) Maintaining, defending, or settling any proceeding;(2) Holding meetings of the board of directors or members or carrying on other activities concerning internal corporate affairs;(3) Maintaining bank accounts;(4) Maintaining offices or agencies for the transfer, exchange, and registration of memberships or securities or maintaining trustees or depositaries with respect to those securities;(5) Selling through independent contractors;(6) Soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside this state before they become contracts;(7) Creating or acquiring indebtedness, mortgages, and security interests in real or personal property;(8) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts;(9) Owning, without more, real or personal property;(10) Conducting an isolated transaction which is completed within thirty days and which is not one in the course of repeated transactions of a like nature; or(11) Transacting business in interstate commerce.(c) The list of activities in subsection (b) of this section is not exhaustive. SourceLaws 1996, LB 681, § 146.

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-19_146

21-19,146. Foreign corporation; authority to transact business required.(a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the Secretary of State.(b) The following activities, among others, do not constitute transacting business within the meaning of subsection (a) of this section:(1) Maintaining, defending, or settling any proceeding;(2) Holding meetings of the board of directors or members or carrying on other activities concerning internal corporate affairs;(3) Maintaining bank accounts;(4) Maintaining offices or agencies for the transfer, exchange, and registration of memberships or securities or maintaining trustees or depositaries with respect to those securities;(5) Selling through independent contractors;(6) Soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside this state before they become contracts;(7) Creating or acquiring indebtedness, mortgages, and security interests in real or personal property;(8) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts;(9) Owning, without more, real or personal property;(10) Conducting an isolated transaction which is completed within thirty days and which is not one in the course of repeated transactions of a like nature; or(11) Transacting business in interstate commerce.(c) The list of activities in subsection (b) of this section is not exhaustive. SourceLaws 1996, LB 681, § 146.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-19_146

21-19,146. Foreign corporation; authority to transact business required.(a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the Secretary of State.(b) The following activities, among others, do not constitute transacting business within the meaning of subsection (a) of this section:(1) Maintaining, defending, or settling any proceeding;(2) Holding meetings of the board of directors or members or carrying on other activities concerning internal corporate affairs;(3) Maintaining bank accounts;(4) Maintaining offices or agencies for the transfer, exchange, and registration of memberships or securities or maintaining trustees or depositaries with respect to those securities;(5) Selling through independent contractors;(6) Soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside this state before they become contracts;(7) Creating or acquiring indebtedness, mortgages, and security interests in real or personal property;(8) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts;(9) Owning, without more, real or personal property;(10) Conducting an isolated transaction which is completed within thirty days and which is not one in the course of repeated transactions of a like nature; or(11) Transacting business in interstate commerce.(c) The list of activities in subsection (b) of this section is not exhaustive. SourceLaws 1996, LB 681, § 146.