p42 s1 bill pr31 Pr31 e.pdf

Ontario — Bills

1ST SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2020 Bill Pr31

An Act to revive Ontario Incorporated Ms F. Gélinas Private Bill 1st Reading November 4, 2020 2nd Reading 3rd Reading Royal Assent Bill Pr31

An Act to revive Ontario Incorporated

Preamble John E. Ashley has applied for special legislation to revive Ontario Incorporated. The applicant represents that he was a director of the corporation at the time of its dissolution . The corporation was dissolved under the Business Corporations Act on December 27, 2019 pursuant to articles of dissolution. The applicant would like to revive the corporation in order to deal with certain outstanding tax matters relating to the corporation. It is appropriate to grant the application.

Therefore, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows: Corporation revived Ontario Incorporated 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 Incorporated Act, 2020. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	p42 s1 bill pr31 Pr31 e.pdf
Type	bill
Volume / chapter	p42 s1 bill pr31 Pr31 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	c424366d74c83e1af2d39bdad8c9394332b50a30

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