Okla. Stat. tit. 54, § 54-500-903A
This is the official text of Okla. Stat. tit. 54, § 54-500-903A, part of Oklahoma’s Stat. tit. 54, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 54,." Browse the sections below, each linked to its official government source.
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Activities not constituting transacting business
Official statutory text
ACTIVITIES NOT CONSTITUTING TRANSACTING BUSINESS.
(a) Activities of a foreign limited partnership which do not
constitute transacting business in this state within the meaning of
this article include:
(1) maintaining, defending, and settling an action or
proceeding;
(2) holding meetings of its partners or carrying on any other
activity concerning its internal affairs;
(3) maintaining accounts in financial institutions;
(4) maintaining offices or agencies for the transfer, exchange,
and registration of the foreign limited partnership’s own securities
or maintaining trustees or depositories with respect to those
securities;
(5) selling through independent contractors;
(6) soliciting or obtaining orders, whether by mail or
electronic means or through employees or agents or otherwise, if the
orders require acceptance outside this state before they become
contracts;
Oklahoma Statutes - Title 54. Partnership Page 136
(7) creating or acquiring indebtedness, mortgages, or security
interests in real or personal property;
(8) securing or collecting debts or enforcing mortgages or
other security interests in property securing the debts, and
holding, protecting, and maintaining property so acquired;
(9) conducting an isolated transaction that is completed within
thirty (30) days and is not one in the course of similar
transactions of a like manner; and
(10) transacting business in interstate commerce.
(b) For purposes of this article, the ownership in this state
of income-producing real property or tangible personal property,
other than property excluded under subsection (a) of this section,
constitutes transacting business in this state.
(c) This section does not apply in determining the contacts or
activities that may subject a foreign limited partnership to service
of process, taxation, or regulation under any other law of this
state.
(a) Activities of a foreign limited partnership which do not
constitute transacting business in this state within the meaning of
this article include:
(1) maintaining, defending, and settling an action or
proceeding;
(2) holding meetings of its partners or carrying on any other
activity concerning its internal affairs;
(3) maintaining accounts in financial institutions;
(4) maintaining offices or agencies for the transfer, exchange,
and registration of the foreign limited partnership’s own securities
or maintaining trustees or depositories with respect to those
securities;
(5) selling through independent contractors;
(6) soliciting or obtaining orders, whether by mail or
electronic means or through employees or agents or otherwise, if the
orders require acceptance outside this state before they become
contracts;
Oklahoma Statutes - Title 54. Partnership Page 136
(7) creating or acquiring indebtedness, mortgages, or security
interests in real or personal property;
(8) securing or collecting debts or enforcing mortgages or
other security interests in property securing the debts, and
holding, protecting, and maintaining property so acquired;
(9) conducting an isolated transaction that is completed within
thirty (30) days and is not one in the course of similar
transactions of a like manner; and
(10) transacting business in interstate commerce.
(b) For purposes of this article, the ownership in this state
of income-producing real property or tangible personal property,
other than property excluded under subsection (a) of this section,
constitutes transacting business in this state.
(c) This section does not apply in determining the contacts or
activities that may subject a foreign limited partnership to service
of process, taxation, or regulation under any other law of this
state.
Status: in_force · Read it on the official government site
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