Bill PR51 Original (PDF)
EXPLANATORY NOTE
The purpose of the Bill is set out in the Preamble.
Bill PR51 2026
An Act to revive 861282 Ontario Limited
Preamble
Tracy M. Schembri (formerly Butler) has applied for special legislation to revive 861282 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
1 861282 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
2 This Act comes into force on the day it receives Royal Assent.
Short title
3 The short title of this Act is the 861282 Ontario Limited Act, 2026.