Texas Business Organizations Code

§ 9.251 — ACTIVITIES NOT CONSTITUTING TRANSACTING BUSINESS IN THIS STATE

BO § 9.251Title 1. GENERAL PROVISIONS · Ch. 9. FOREIGN ENTITIES · Art. F. DETERMINATION OF TRANSACTING BUSINESS IN THIS STATE

Statute text

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For purposes of this chapter, activities that do not constitute transaction of business in this state include:

(1)maintaining or defending an action or suit or an administrative or arbitration proceeding, or effecting the settlement of:

(A)such an action, suit, or proceeding; or

(B)a claim or dispute to which the entity is a party;

(2)holding a meeting of the entity's managerial officials, owners, or members or carrying on another activity concerning the entity's internal affairs;

(3)maintaining a bank account;

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Legislative history

Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 14, eff. September 1, 2009. Acts 2021, 87th Leg., R.S., Ch. 39 (S.B. 1203), Sec. 16, eff. September 1, 2021.