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FLORIDA STATUTES AND CODES

620.9104 Activities not constituting transacting business.

620.9104 Activities not constituting transacting business.

   (1) Activities of a foreign limited liability partnership which do not constitute transacting business within the meaning of ss. 620.9101-620.9105 include, but are not limited to:

   (a) Maintaining, defending, or settling an action or proceeding.

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

   (c) Maintaining accounts in financial institutions.

   (d) 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.

   (e) Selling through independent contractors.

   (f) 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.

   (g) Creating or acquiring indebtedness, mortgages, or security interests in real or personal property.

   (h) Securing or collecting debts or foreclosing mortgages or other security interests in property securing the debts, and holding, protecting, and maintaining property so acquired.

   (i) Conducting an isolated transaction that is completed within 30 days and is not one in the course of similar transactions of like nature.

   (j) Transacting business in interstate commerce.

   (k) Owning and controlling a subsidiary corporation incorporated in or transacting business within this state or voting the stock of any corporation which it has lawfully acquired.

   (l) Owning a limited partnership interest in a limited partnership that is doing business within this state, unless such limited partner manages or controls the partnership or exercises the powers and duties of a general partner.

   (m) Owning, without more, real or personal property.

   (2) For purposes of this act, the ownership in this state of income-producing real property or tangible personal property, other than property excluded under subsection (1), constitutes transacting 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 any other law of this state.

History. s. 29, ch. 99-285; s. 23, ch. 2005-267.

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