Texas Business Organizations Code 152.903 – Activities Not Constituting Transacting Business
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Terms Used In Texas Business Organizations Code 152.903
- Business: means a trade, occupation, profession, or other commercial activity. See Texas Business Organizations Code 1.002
- Foreign: means , with respect to an entity, that the entity is formed under, and the entity's internal affairs are governed by, the laws of a jurisdiction other than this state. See Texas Business Organizations Code 1.002
Without excluding other activities that do not constitute transacting business in this state, a foreign limited liability partnership is not considered to be transacting business in this state for purposes of this code because it carries on in this state one or more of the activities listed by § 9.251.