The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
29-3905 - Activities not constituting doing business
29-3905. Activities not constituting doing business
A. Activities of a foreign limited liability company or foreign series that do not constitute doing business in this state under this article include any of the following:
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 members or managers.
3. Maintaining accounts in financial institutions.
4. Maintaining offices or agencies for the transfer, exchange and registration of securities of the foreign company or foreign series 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.
9. Conducting an isolated transaction that is not in the course of similar transactions.
10. Owning, without more, property.
11. Doing business in interstate commerce.
B. A person does not do business in this state solely by being a member or manager of a foreign limited liability company or foreign series or by being a designating foreign company of a foreign series that does business in this state.
C. This section does not apply in determining the contacts or activities that may subject a foreign limited liability company or foreign series to service of process, taxation or regulation under the laws of this state other than this chapter.