Idaho Code 30-21-505 – Activities Not Constituting Doing Business
Current as of: 2023 | Check for updates
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(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.
Terms Used In Idaho Code 30-21-505
- Act: means the Idaho uniform business organizations code. See Idaho Code 30-21-102
- Filing entity: means an entity whose formation requires the filing of a public organic record. See Idaho Code 30-21-102
- Governor: means :
Idaho Code 30-21-102Interest: means :
Idaho Code 30-21-102Interest holder: means :
Idaho Code 30-21-102Limited liability partnership: means a domestic limited liability partnership registered under or subject to chapter 23, title 30, Idaho Code, or a foreign limited liability partnership. See Idaho Code 30-21-102 Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses. Person: means an individual, business corporation, nonprofit corporation, partnership, limited partnership, limited liability company, general cooperative association, limited cooperative association, unincorporated nonprofit association, statutory trust, business trust, common-law business trust, estate trust, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. See Idaho Code 30-21-102 Proceeding: includes a civil action, arbitration, mediation, administrative proceeding, criminal prosecution and investigatory action. See Idaho Code 30-21-102 Property: means all property, whether real, personal, or mixed or tangible or intangible, or any right or interest therein. See Idaho Code 30-21-102 Service of process: The service of writs or summonses to the appropriate party. State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Idaho Code 30-21-102 Transfer: includes :
Idaho Code 30-21-102
(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.