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N.Y. Ltd. Liab. Co. Law § 803

Activities not constituting doing business

2014-09-22

§ 803. Activities not constituting doing business. (a) Without\nexcluding other activities that may not constitute doing business in\nthis state, a foreign limited liability company shall not be considered\nto be doing business in this state for the purposes of this chapter, by\nreason of carrying on in this state any one or more of the following\nactivities:\n (1) maintaining or defending any action or proceeding, whether\njudicial, administrative, arbitrative or otherwise or effecting\nsettlement thereof or the settlement of claims or disputes;\n (2) holding meetings of its members or managers;\n (3) maintaining bank accounts; or\n (4) maintaining offices or agencies only for the transfer, exchange\nand registration of its membership interests or appointing and\nmaintaining depositaries with relation to its membership interests.\n (b) The specification in subdivision (a) of this section does not\nestablish a standard of activities that may subject a foreign limited\nliability company to service of process under this chapter or any other\nstatute of this state.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.