(a) Without excluding other activities that may not constitute transacting business in this State, a foreign limited liability company shall not be considered to be transacting business in this State, for purposes of this Article 45, by reason of carrying on in this State any one or more of the following activities:
        (1) Maintaining, defending, or settling any
    
proceeding.
        (2) Holding meetings of the managers or members or
    
carrying on other activities concerning internal company affairs.
        (3) Maintaining bank accounts.

Terms Used In Illinois Compiled Statutes 805 ILCS 180/45-47

  • Personal property: All property that is not real property.
  • Service of process: The service of writs or summonses to the appropriate party.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

        (4) Maintaining offices or agencies for the transfer,
    
exchange, and registration of the limited liability company’s own securities or maintaining trustees or depositaries with respect to those securities.
        (5) Selling through independent contractors.
        (6) Soliciting or obtaining orders, whether by mail
    
or through employees or agents or otherwise, if orders require acceptance outside this State before they become contracts.
        (7) Owning, without more, real or personal property.
        (8) Conducting an isolated transaction that is
    
completed within 120 days and that is not one in the course of repeated transactions of a like nature.
        (9) Having a member or manager who is a resident of
    
this State.
    (b) This Section has no application to the question of whether any foreign limited liability company is subject to service of process and suit in this State under any law of this State.
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