HARRY HUGHES, Governor

3053

(3)  MAINTAINING BANK ACCOUNTS;

(4)  CONDUCTING AN ISOLATED TRANSACTION NOT IN
THE COURSE OF A NUMBER OF SIMILAR TRANSACTIONS;

(5)  FORECLOSING MORTGAGES AND DEEDS OF TRUST ON
PROPERTY IN THIS STATE;

(6)  AS A RESULT OF DEFAULT UNDER A MORTGAGE OR
DEED OF TRUST, ACQUIRING TITLE TO PROPERTY IN THIS STATE BY
FORECLOSURE, DEED IN LIEU OF FORECLOSURE, OR OTHERWISE;

(7)  HOLDING, PROTECTING, RENTING, MAINTAINING,
AND OPERATING PROPERTY IN THIS STATE SO ACQUIRED; AND

(8)  SELLING OR TRANSFERRING THE TITLE TO
PROPERTY IN THIS STATE SO ACQUIRED TO ANY PERSON, INCLUDING
THE FEDERAL HOUSING ADMINISTRATION OR THE VETERANS
ADMINISTRATION.

(B) ACTIVITIES CONSIDERED DOING BUSINESS. IN ADDITION
TO ANY OTHER ACTIVITIES WHICH MAY CONSTITUTE DOING BUSINESS
IN THIS STATE, FOR THE PURPOSES OF THIS ARTICLE ANY FOREIGN
LIMITED PARTNERSHIP WHICH OWNS INCOME-PRODUCING REAL OR
TANGIBLE PERSONAL PROPERTY IN THIS STATE, OTHER THAN
PROPERTY EXEMPTED BY SUBSECTION (A) OF THIS SECTION, WILL BE
CONSIDERED TO BE DOING BUSINESS IN THIS STATE.

COMMENT

This section is new and is derived from §§ 7-103,
7-104, and 7-202.1 of this article.

10-910. ASSENT TO STATE LAWS.

BY DOING INTRASTATE, INTERSTATE, OR FOREIGN BUSINESS IN
THIS STATE, A FOREIGN LIMITED PARTNERSHIP ASSENTS TO THE
LAWS OF THIS STATE.

COMMENT

This section is new and is derived from § 7-105 of this
article.

10-911. COMPLIANCE WITH SUBTITLE IS NOT CONSENT TO SUIT.

WITH RESPECT TO ANY CAUSE OF ACTION ON WHICH A FOREIGN
LIMITED PARTNERSHIP WOULD NOT OTHERWISE BE SUBJECT TO SUIT
IN THIS STATE, COMPLIANCE WITH THIS SUBTITLE:

(1)  DOES NOT OF ITSELF RENDER A FOREIGN LIMITED
PARTNERSHIP SUBJECT TO SUIT IN THIS STATE; AND

(2)  IS NOT CONSIDERED AS CONSENT BY IT TO BE
SUED IN THIS STATE.