Section 564-F:21-2101 - Activities in This State(a) A foreign foundation shall not engage in any registrable activity in this state until it registers with the secretary of state.(b) A registrable activity includes any activity that, if conducted by a foreign corporation, would constitute the corporation's transacting business in this state.(c) Activities that are not registrable activities include: (1) Maintaining, defending, or settling any judicial proceeding;(2) Holding meetings of the board of directors or carrying on other activities concerning the foundation's internal affairs;(3) Maintaining one or more bank accounts;(4) Creating or acquiring indebtedness, mortgages, and security interests in real or personal property;(5) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts;(6) Without more, owning any real or personal property located in this state;(7) Conducting an isolated transaction that: (A) Is completed within 30 days; and (B) Is not a single transaction in the course of repeated transactions of a like nature;(8) Transacting any activity in interstate commerce; and(9) Any activity that, if conducted by a foreign corporation, would not constitute the corporation's transacting business in this state.Added by 2017, 257:47, eff. 10/1/2017. 2017, 257:47, eff. Oct. 1, 2017.