Nevada Code § 80.015

Activities not constituting doing business
Open in Lexace · Ask the AI about this section
1. For the purposes of this chapter, the
following activities do not constitute doing business in this State:
(a) Maintaining, defending or settling any
proceeding;
(b) Holding meetings of the board of directors or
stockholders or carrying on other activities concerning internal corporate affairs;
(c) Maintaining accounts in banks or credit
unions;
(d) Maintaining offices or agencies for the
transfer, exchange and registration of the corporations own securities or
maintaining trustees or depositaries with respect to those securities;
(e) Making sales through independent contractors;
(f) Soliciting or receiving orders outside of
this State through or in response to letters, circulars, catalogs or other
forms of advertising, accepting those orders outside of this State and filling
them by shipping goods into this State;
(g) Creating or acquiring indebtedness, mortgages
and security interests in real or personal property;
(h) Securing or collecting debts or enforcing
mortgages and security interests in property securing the debts;
(i) Owning, without more, real or personal
property;
(j) Isolated transactions completed within 30
days and not a part of a series of similar transactions;
(k) The production of motion pictures as defined
in NRS 231.020 ;
(l) Transacting business as an out-of-state
depository institution pursuant to the provisions of chapters 657 to 671 ,
inclusive, of NRS; and
(m) Transacting business in interstate commerce.
2. The list of activities in subsection 1
is not exhaustive.
3. A person who is not doing business in
this State within the meaning of this section need not qualify or comply with
any provision of this chapter, chapter 645A or 645B of NRS or title 55 of NRS unless the
person:
(a) Maintains an office in this State for the
transaction of business;
(b) Solicits or accepts deposits in the State,
except pursuant to the provisions of chapter 666 or 666A of NRS;
(c) Solicits business for the activities of a
mortgage company as defined in NRS
645B.0127 ; or
(d) Arranges a mortgage loan secured by real
property which is not commercial property as defined in NRS 645B.01047 .
4. The fact that a person is not doing
business in this State within the meaning of this section:
(a) Does not affect the determination of whether
any court, administrative agency or regulatory body in this State may exercise
personal jurisdiction over the person in any civil action, criminal action,
administrative proceeding or regulatory proceeding; and
(b) Except as otherwise provided in subsection 3,
does not affect the applicability of any other provision of law with respect to
the person and may not be offered as a defense or introduced in evidence in any
civil action, criminal action, administrative proceeding or regulatory proceeding
to prove that the person is not doing business in this State, including,
without limitation, any civil action, criminal action, administrative
proceeding or regulatory proceeding involving an alleged violation of chapter 597 , 598 or 598A of NRS.
5. As used in this section and for the
purposes of NRS 80.016 , deposits means
demand deposits, savings deposits and time deposits, as those terms are defined
in chapter 657 of NRS.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.