Nevada Statutes

§ 88.602 — Activities not constituting transaction of business

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 88 Uniform· FOREIGN LIMITED PARTNERSHIPS

1. For the purposes of NRS 88.570 to 88.605 , inclusive, the following activities do not constitute transacting business in this State:

(a)Maintaining, defending or settling any proceeding;
(b)Holding meetings of the managers or members or carrying on other activities concerning internal company affairs;
(c)Maintaining accounts in banks or credit unions;
(d)Maintaining offices or agencies for the transfer, exchange and registration of the company’s own securities or maintaining trustees or depositaries with respect to those securities;
(e)Making sales through independent contractors;
(f)Soliciting or receiving orders outside this State through or in response to letters, circulars, catalogs or other forms of advertising, accepting those orders outside this State and filling them by sh

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Related

§ 88.570
Nevada § 88.570
§ 231.020
Nevada § 231.020

Legislative History

(Added to NRS by 2003, 3147 ; A 2015, 1312 ; 2017, 3088 )

Nearby Sections

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