GroundRules
← Search the law
Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 54, § 54-500-903A: Activities not constituting transacting business

Read at publisher ↗
Where this section sits in the code
  1. OK Code
  2. Title 54

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;

(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.

Collected 2026-09-14T18:32:36Z. Source file · JSON

Browse this collection