10/1/2026Enacted by Chapter 93, 2026 General Session2026Activities that do not constitute doing business.The following activities of a filing foreign entity do not constitute doing business in this state:maintaining, defending, mediating, arbitrating, or settling an action or proceeding;carrying on an activity concerning the filing foreign entity's internal affairs, including holding meetings of the filing foreign entity's interest holders or governors;maintaining an account in a financial institution;maintaining an office or an agency for the transfer, exchange, and registration of the filing foreign entity's or the foreign limited liability partnership's securities;maintaining a trustee or a depository for the filing foreign entity's securities;selling through an independent contractor;soliciting or obtaining an order by any means if the order requires acceptance outside this state before the order becomes a contract;creating or acquiring indebtedness, a mortgage, or a security interest in property;securing or collecting a debt;enforcing a mortgage or a security interest in a property;holding, protecting, or maintaining property the filing foreign entity acquires by enforcing a mortgage or a security interest;conducting an isolated transaction that is outside the scope of the filing foreign entity's ordinary course of business;owning real property; anddoing business that constitutes interstate commerce.A person does not do business in this state by being an interest holder or a governor of a foreign entity that does business in this state.This section does not apply when determining whether the contacts or activities subject a filing foreign entity to service of process, taxation, or regulation under a law of this state outside of this chapter.