Conn. Gen. Stat. § 34-275d

Current with legislation from 2024 effective through June 5, 2024.

Section 34-275d - Activities not constituting transacting business in this state

(a) Activities of a foreign limited liability company which do not constitute transacting business in this state under sections 34-275 to 34-275i, inclusive, include:

(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 the securities of the company, 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 foreclosing on, holding, protecting or maintaining any such property;

(9) Conducting an isolated transaction that is not in the course of similar transactions;

(10) Owning, without more, property;

(11) Voting securities or other equity ownership interests owned by the foreign limited liability company; and

(12) Transacting business in interstate commerce.

(b) A person does not transact business in this state solely because such person:

(1) Owns a controlling interest in a corporation or foreign corporation that is transacting business in this state;

(2) is a limited partner of a limited partnership or foreign limited partnership that is transacting business in this state; or

(3) is a member or manager of a limited liability company or foreign limited liability company that is transacting business in this state.

(c) This section does not apply in determining the contacts or activities that may subject a foreign limited liability company to service of process, taxation or regulation under law of this state other than sections 34-243 to 34-283d, inclusive.

Conn. Gen. Stat. § 34-275d

( P.A. 16-97, S. 74.)

Added by P.A. 16-0097, S. 74 of the Connecticut Acts of the 2016 Regular Session, eff. 7/1/2017.