Without excluding other activities which may not constitute transacting business in the state, a foreign corporation does not transact business in the state by carrying on any of the following activities:

1. (1) maintaining or defending any action or suit or an administrative or arbitration proceeding, or effecting its settlement or the settlement of claims or disputes;
2. (2) holding meetings of its directors, shareholders, or members or carrying on other activities concerning its internal affairs;
3. (3) maintaining bank accounts;
4. (4) securing or collecting debts, or enforcing rights in property securing debts;
5. (5) transacting business in interstate commerce;
6. (6) granting funds;
7. (7) distributing information to members;
8. (8) conducting an isolated transaction completed within a period of 30 days not in the course of a number of repeated transactions of like nature.