Projet de loi PR28, KMFC Holdings Inc. Act, 2000

Bill Pr282000

An Act to revive KMFC Holdings Inc.

Preamble

Harold Kaaz and Ruth Kaaz have applied for special legislation to revive KMFC Holdings Inc. The applicants represent that they were the sole officers and directors of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act pursuant to articles of dissolution on November 8, 1996. 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. KMFC Holdings 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 KMFC Holdings Inc. Act, 2000.

Bill Pr282000

An Act to revive KMFC Holdings Inc.

Preamble

Harold Kaaz and Ruth Kaaz have applied for special legislation to revive KMFC Holdings Inc. The applicants represent that they were the sole officers and directors of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act pursuant to articles of dissolution on November 8, 1996. 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. KMFC Holdings 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 KMFC Holdings Inc. Act, 2000.

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Explanatory Note

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