N.D. Cent. Code § 10-19.1-143

10-19.1-143. Foreign corporation - Transactions not constituting transacting

business.

1. The following activities of a foreign corporation, among others, do not constitute

transacting business within the meaning of this chapter:

a. Maintaining, defending, or settling any proceeding;

b. Holding meetings of its shareholders or carrying on any other activities

concerning its internal activities;

c. Maintaining bank accounts;

d. Maintaining offices or agencies for the transfer, exchange, and registration of the

foreign corporation's own securities or maintaining trustees or depositories with

respect to those securities;

e. Selling through independent contractors;

f. Soliciting or obtaining orders, whether by mail or through employees, agents, or

otherwise, if the orders require acceptance outside this state before they become

contracts;

g. Creating or acquiring indebtedness, mortgages, and security interest in real or

personal property;

h. Securing or collecting debts or enforcing mortgages and security interests in

property securing the debts; or

i. Conducting an isolated transaction that is completed within thirty days and that is

not one in the course of repeated transactions of a like manner.

2. The term "transacting business" as used in this section has no effect on personal

jurisdiction under the North Dakota Rules of Civil Procedure.

3. For purposes of this section, any foreign corporation that owns income-producing real

or tangible personal property in this state, other than property exempted under

subsection 1, will be considered transacting business in this state.

4. The list of activities in subsection 1 is not exhaustive. This section does not apply in

determining the contracts or activities that may subject a foreign corporation to service

of process or taxation in this state or to regulation under any other law of this state.