Okla. Stat. tit. 18, § 18-2049
This is the official text of Okla. Stat. tit. 18, § 18-2049, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.
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Foreign limited liability company - Acts not constituting
Official statutory text
transacting business in state.
FOREIGN LIMITED LIABILITY COMPANY – ACTS NOT
CONSTITUTING TRANSACTING BUSINESS IN STATE
Oklahoma Statutes - Title 18. Corporations Page 575
A. The following activities of a foreign limited liability
company, among others, do not constitute transacting business within
the meaning of this act:
1. Maintaining, defending, or settling any proceeding;
2. Holding meetings of its members or carrying on any other
activities concerning its internal affairs;
3. Maintaining bank accounts;
4. Maintaining offices or agencies for the transfer, exchange
and registration of the foreign limited liability company’s own
securities or maintaining trustees or depositaries with respect to
those securities;
5. Selling through independent contractors;
6. Soliciting or obtaining orders, whether by mail or through
employees or agents or otherwise, if the orders require acceptance
outside this state before they become contracts;
7. Creating or acquiring indebtedness, mortgages and security
interests in real or personal property;
8. Securing or collecting debts or enforcing mortgages and
security interest in property securing the debts, including the
holding, protecting, renting, maintaining and operating real or
personal property in this state so acquired;
9. Transacting business wholly in interstate commerce;
10. Selling or transferring title to property in this state to
any person;
11. Conducting an isolated transaction that is completed within
thirty (30) days and that is not one in the course of repeated
transactions of a like nature; or
12. Investing in or acquiring royalties or other non-operating
mineral or leasehold interests and the execution of division orders,
contracts for sale, leases and other instruments incidental to the
ownership of the nonoperating interests.
B. For the purposes of this section, any foreign limited
liability company which owns income-producing real or tangible
personal property in this state, other than property exempted by
subsection A of this section, will be considered transacting
business in this state.
C. A person shall not be deemed to be doing business in this
state solely by reason of being a member or manager of a domestic
limited liability company or a foreign limited liability company.
D. This section does not apply in determining the contracts or
activities that may subject a foreign limited liability company to
service of process or taxation in this state or to regulation under
any other law of this state.
FOREIGN LIMITED LIABILITY COMPANY – ACTS NOT
CONSTITUTING TRANSACTING BUSINESS IN STATE
Oklahoma Statutes - Title 18. Corporations Page 575
A. The following activities of a foreign limited liability
company, among others, do not constitute transacting business within
the meaning of this act:
1. Maintaining, defending, or settling any proceeding;
2. Holding meetings of its members or carrying on any other
activities concerning its internal affairs;
3. Maintaining bank accounts;
4. Maintaining offices or agencies for the transfer, exchange
and registration of the foreign limited liability company’s own
securities or maintaining trustees or depositaries with respect to
those securities;
5. Selling through independent contractors;
6. Soliciting or obtaining orders, whether by mail or through
employees or agents or otherwise, if the orders require acceptance
outside this state before they become contracts;
7. Creating or acquiring indebtedness, mortgages and security
interests in real or personal property;
8. Securing or collecting debts or enforcing mortgages and
security interest in property securing the debts, including the
holding, protecting, renting, maintaining and operating real or
personal property in this state so acquired;
9. Transacting business wholly in interstate commerce;
10. Selling or transferring title to property in this state to
any person;
11. Conducting an isolated transaction that is completed within
thirty (30) days and that is not one in the course of repeated
transactions of a like nature; or
12. Investing in or acquiring royalties or other non-operating
mineral or leasehold interests and the execution of division orders,
contracts for sale, leases and other instruments incidental to the
ownership of the nonoperating interests.
B. For the purposes of this section, any foreign limited
liability company which owns income-producing real or tangible
personal property in this state, other than property exempted by
subsection A of this section, will be considered transacting
business in this state.
C. A person shall not be deemed to be doing business in this
state solely by reason of being a member or manager of a domestic
limited liability company or a foreign limited liability company.
D. This section does not apply in determining the contracts or
activities that may subject a foreign limited liability company to
service of process or taxation in this state or to regulation under
any other law of this state.
Status: in_force · Read it on the official government site
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