1. (a) Activities of a foreign limited partnership which do not constitute doing business in this state under this part include:

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

History of Section.
P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective January 1, 2023.