p44 s1 bill pr51 Pr51 e.pdf

Ontario — Bills

1ST SESSION, 44TH LEGISLATURE, ONTARIO CHARLES III, 2026 Bill Pr51

An Act to revive Ontario Limited Mr. L. Kanapathi Private Bill 1st Reading May 6, 2026 2nd Reading 3rd Reading Royal Assent Bill Pr51

An Act to revive Ontario Limited

Preamble Tracy M. Schembri (formerly Butler) has applied for special legislation to revive Ontario Limited. The applicant represents that she was a director and officer of the corporation when it was dissolved and that she is the estate trustee of the estate of Rosalyn Butler, who was the sole shareholder of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on June 25, 2024 pursuant to articles of dissolution.

The applicant would like to revive the corporation in order to deal with certain property that was held in the corporation’s name 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 Ontario 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 Ontario Limited Act, 2026. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	p44 s1 bill pr51 Pr51 e.pdf
Type	bill
Volume / chapter	p44 s1 bill pr51 Pr51 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	8f00f51d995e78e85e6d0b3d5f122f31c8cc346d

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