Idaho § 30-21-505 ACTIVITIES NOT CONSTITUTING DOING BUSINESS

Idaho Statutes

§ 30-21-505 — ACTIVITIES NOT CONSTITUTING DOING BUSINESS

Idaho·Title 30 CORPORATIONS·Part 5 FOREIGN ENTITIES·Ch. 21 IDAHO UNIFORM BUSINESS ORGANIZATIONS CODE

(a)Activities of a foreign filing entity or foreign limited liability partnership that do not constitute doing business in this state under this chapter include:

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

(2)Carrying on any activity concerning its internal affairs, including holding meetings of its interest holders or governors;

(3)Maintaining accounts in financial institutions;

(4)Maintaining offices or agencies for the transfer, exchange and registration of securities of the entity or maintaining trustees or depositories with respect to those securities;

(5)Selling through independent contractors;

(6)Soliciting or obtaining orders by any means if the orders require acceptance outside this state before they become contracts;

(7)Creating

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Activities of a foreign filing entity or foreign limited liability partnership that do not constitute doing business in this state under this chapter include:
(1) Maintaining, defending, mediating, arbitrating, or settling an action or proceeding;
(2) Carrying on any activity concerning its internal affairs, including holding meetings of its interest holders or governors;
(3) Maintaining accounts in financial institutions;
(4) Maintaining offices or agencies for the transfer, exchange and registration of securities of the entity or maintaining trustees or depositories with respect to those securities;
(5) Selling through independent contractors;
(6) Soliciting or obtaining orders by any means if the orders require acceptance outside this state before they become contracts;
(7) Creating or acquiring indebtedness, mortgages or security interests in property;
(8) Securing or collecting debts or enforcing mortgages or security interests in property securing the debts, and holding, protecting or maintaining property so acquired;
(9) Conducting an isolated transaction that is not in the course of similar transactions;
(10) Owning, without more, property; and
(11) Doing business in interstate commerce.
(b) A person does not do business in this state solely by being an interest holder or governor of a foreign entity that does business in this state.
(c) This section does not apply in determining the contacts or activities that may subject a foreign filing entity or foreign limited liability partnership to service of process, taxation or regulation under the law of this state other than this act.

Idaho § 30-21-505 (ACTIVITIES NOT CONSTITUTING DOING BUSINESS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.