Nevada § 86.5483 - Activities not constituting transaction of business

§ 86.5483. Activities not constituting transaction of business

1. For the purposes of NRS 86.543 to 86.549 , inclusive, the following activities do not constitute transacting business in this

State: (a) Maintaining, defending or settling any proceeding; (b) Holding meetings of the managers or members or carrying on other activities concerning

internal company affairs; (c) Maintaining accounts in banks or credit unions; (d) Maintaining offices or agencies for the transfer, exchange and registration of

the company's own securities or maintaining trustees or depositaries with respect

to those securities; (e) Making sales through independent contractors; (f) Soliciting or receiving orders outside this State through or in response to letters,

circulars, catalogs or other forms of advertising, accepting those orders outside

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 transacting business in this State within the meaning of this

section need not qualify or comply with any provision of this chapter, title 55 of

NRS or chapter 645A or 645B 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 that is not commercial property

as defined in NRS 645B.01047 . 4. The fact that a person is not transacting 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 transacting 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, “ deposits ” means demand deposits, savings deposits and time deposits, as those terms are defined

in chapter 657 of NRS .