81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84 Page: 9 of 64
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S.B. No. 1442
Code, other than a foreign nonprofit [gi..o&- ?ie corporations
SECTION 14. Section 9.251, Business Organizations Code, is
amended to read as follows:
Sec. 9.251. ACTIVITIES NOT CONSTITUTING TRANSACTING
BUSINESS IN THIS STATE. 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 aparty;
officials,
concerning(2) holding a meeting of the entity's managerial
owners, or members or carrying on another activity
the entity's internal affairs;(3) maintaining a bank account;
(4) maintaining an office or agency for:
(A) transferring, exchanging, or
securities the entity issues; or
(B) appointing or maintaining a
depositary related to the entity's securities;
(5) voting the interest of an entityentity has acquired;
(6) effectingregistering
trustee or
the foreigna sale through an independent
contractor;
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Reference the current page of this Legislative Document.
Texas. Legislature. Senate. 81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84, legislative document, May 20, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth310916/m1/9/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.