p43 s1 bill pr5 Pr05 e.pdf

Ontario — Bills

1ST SESSION, 43ND LEGISLATURE, ONTARIO CHARLES III, 2022 Bill Pr5

An Act to revive H.B. Arndt & Associates Ltd. Ms P. Sattler Private Bill 1st Reading October 25, 2022 2nd Reading 3rd Reading Royal Assent Bill Pr5

An Act to revive H.B. Arndt & Associates Ltd.

Preamble John Bradley Arndt has applied for special legislation to revive H.B. Arndt & Associates Ltd. The applicant represents that he is the estate trustee for the estate of Henry Bror Arndt, who was the sole shareholder and director of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on January 27, 2006 pursuant to articles of dissolution.

The applicant would like to revive the corporation in order to deal with certain property, namely unclaimed funds held in accounts at various financial institutions, 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 H.B.

Arndt & Associates Ltd. 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 H.B. Arndt & Associates Ltd. Act, 2022. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	p43 s1 bill pr5 Pr05 e.pdf
Type	bill
Volume / chapter	p43 s1 bill pr5 Pr05 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	b8715add224674a684c6da203dd36a91cf356b91

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