p43 s1 bill pr60 Pr60 e.pdf

Ontario — Bills

1ST SESSION, 43RD LEGISLATURE, ONTARIO CHARLES III, 2024 Bill Pr60

An Act to revive Skybolt Construction Company Limited Ms N. Pierre Private Bill 1st Reading November 5, 2024 2nd Reading 3rd Reading Royal Assent Bill Pr60

An Act to revive Skybolt Construction Company Limited

Preamble Helen McDonagh has applied for special legislation to revive Skybolt Construction Company Limited. The applicant represents that she was the director and sole shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on January 1, 1985 for failure to comply with subsection 240 (1) of that Act, as it read on that date . The applicant represents that she would like to revive the corporation in order to deal with certain real property held in the name of the corporation at the time of the dissolution. It is appropriate to grant the application.

Therefore, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows: Corporation revived Skybolt Construction Company Limited is revived and is, subject to any rights acquired by any person after its dissolution, restored to its legal position, including all its property, rights, privileges and franchises and subject to all its liabilities, contracts, disabilities and debts, as of the date of its dissolution, in the same manner and to the same extent as if it had not been dissolved.

Commencement This Act comes into force on the day it receives Royal Assent.

Short title The

short title of this Act is the Skybolt Construction Company Limited Act, 2024. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	p43 s1 bill pr60 Pr60 e.pdf
Type	bill
Volume / chapter	p43 s1 bill pr60 Pr60 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	5f59957b9a9db65f49b614bda8e4ddcad3a452e7

Source file is stored in the law ingest library (json).