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
(1) maintaining or defending an action or suit or an
administrative or arbitration proceeding, or effecting the
(A) such an action, suit, or proceeding; or
(B) a claim or dispute to which the entity is a
(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 entity
entity has acquired;
a sale through an independent
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Texas. Legislature. Senate. 81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84, legislative document, May 20, 2009; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth310916/m1/9/: accessed May 22, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.