17-76,121a. Activities which do not constitute doing business for foreign limited liability company. - Kansas Statutes

17-76,121a

Chapter 17.--CORPORATIONS Article 76.--LIMITED LIABILITY COMPANIES

      17-76,121a.   Activities which do not constitute doing business for foreign limited liability company. (a) Activities of a foreign limited liability company which do not constitute doing business within the meaning of K.S.A. 17-76,121, and amendments thereto, include:

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

      (2)   holding meetings 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 company'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 or 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 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 30 days and is 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 tangible personal 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 activities that 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 the Kansas revised limited liability company act.

      History:   L. 2004, ch. 143, § 101; Jan. 1, 2005.