Bill PR27, Brismair Property Management Inc. Act, 2009

Bill PR27 2009

An Act to revive Brismair Property Management Inc.

Preamble

Neilda Mair and Lynval Mair have applied for special legislation to revive Brismair Property Management Inc. The applicants represent that when the corporation was dissolved, they were shareholders of the corporation and Neilda Mair was the sole director and officer of the corporation.  The corporation was dissolved under the Business Corporations Act on November 16, 2007 pursuant to articles of dissolution.  The applicants 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, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

Corporation revived

   1.  Brismair Property Management Inc. 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

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

Short title

   3.  The short title of this Act is the Brismair Property Management Inc. Act, 2009.

Bill PR27 2009

An Act to revive Brismair Property Management Inc.

Preamble

Neilda Mair and Lynval Mair have applied for special legislation to revive Brismair Property Management Inc. The applicants represent that when the corporation was dissolved, they were shareholders of the corporation and Neilda Mair was the sole director and officer of the corporation.  The corporation was dissolved under the Business Corporations Act on November 16, 2007 pursuant to articles of dissolution.  The applicants 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, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

Corporation revived

   1.  Brismair Property Management Inc. 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

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

Short title

   3.  The short title of this Act is the Brismair Property Management Inc. Act, 2009.

EXPLANATORY NOTE

The purpose of the Bill is set out in the Preamble.