ACTIVITIES NOT CONSTITUTING DOING BUSINESS

30-21-505. ACTIVITIES NOT CONSTITUTING DOING BUSINESS. (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.