56a-1104. Activities not constituting transacting business.
56a-1104
56a-1104. Activities not constituting transactingbusiness.(a) Activities of a foreign limited liabilitypartnership whichdo not constitute transacting business within the meaning of K.S.A. 56a-1101 through 56a-1105 include:
(1) Maintaining, defending or settling an action or proceeding;
(2) holding meetings of its partners or carrying on any other activityconcerning its internal affairs;
(3) maintaining bank accounts;
(4) maintaining offices or agencies for the transfer, exchange andregistration of the partnership's own securities or maintaining trustees ordepositories with respect to those securities;
(5) selling through independent contractors;
(6) soliciting or obtaining orders, whether by mail or through employees oragents or otherwise, if the orders require acceptance outside this state beforethey become contracts;
(7) creating or acquiring indebtedness, mortgages or security interests inreal or personal property;
(8) securing or collecting debts or foreclosing mortgages or other securityinterests in property securing the debts, and holding, protecting andmaintaining property so acquired;
(9) conducting an isolated transaction that is completed within 30 days andis not one in the course of similar transactions of like nature; and
(10) transacting business in interstate commerce.
(b) For purposes of K.S.A. 56a-1101 through 56a-1105, theownership in this state ofincome producing real property or tangible personal property, other thanproperty excluded under subsection (a), constitutes transacting business inthis state.
(c) This section does not apply in determining the contacts or activitiesthat may subject a foreign limited liability partnership to service of process,taxation or regulation under any other law of this state.
History: L. 1998, ch. 93, § 61; Jan. 1, 1999.