{"data":{"id":"us-nc/n.c.-gen.-stat.-59-93","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 59-93","heading":"Activities not constituting transacting business.","body":"(a)\tWithout excluding other activities that may not constitute transacting business in this State, a foreign limited liability partnership shall not be considered to be transacting business in this State for the purposes of this Article by reason of carrying on in this State any one or more of the following activities:\n(1)\tMaintaining or defending any action or suit or any administrative or arbitration proceeding or effecting the settlement thereof or the settlement of claims or disputes;\n(2)\tHolding meetings of its partners or carrying on other activities concerning its internal affairs;\n(3)\tMaintaining bank accounts or borrowing money in this State, with or without security, even if such borrowings are repeated and continuous transactions;\n(4)\tMaintaining offices or agencies for the transfer, exchange, and registration of the partnership's own securities, or appointing and maintaining trustees or depositories with relation to those securities;\n(5)\tSoliciting or procuring orders, whether by mail or through employees or agents or otherwise, where the orders require acceptance without this State before becoming binding contracts;\n(6)\tMaking or investing in loans with or without security including servicing of mortgages or deeds of trust through independent agencies within the State, the conducting of foreclosure proceedings and sales, the acquiring of property at foreclosure sale, and the management and rental of such property for a reasonable time while liquidating its investment, provided no office or agency therefor is maintained in this State;\n(7)\tTaking security for or collecting debts due to it or enforcing any rights in property securing the same;\n(8)\tTransacting business in interstate commerce;\n(9)\tConducting an isolated transaction completed within a period of six months and not in the course of a number of repeated transactions of like nature;\n(10)\tSelling through independent contractors; and\n(11)\tOwning, without more, real or personal property.\n(b)\tThis section does not apply in determining the contacts or activities that may subject a foreign limited liability partnership to service of process, taxation, or regulation under any other law of this State. (1999-362, s. 10.)","path":["Chapter 59. Partnership.","Article 4A. Foreign Limited Liability Partnerships."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_59/GS_59-93.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:07:02Z","sha256":"34b603f0c0961c9e5e930007956a0d8254288b24111ce6a966cae187dc95d718","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-59-92","next":"us-nc/n.c.-gen.-stat.-59-94"},"notice":"GroundRules: Original legal text. Not legal advice."}