Projet de loi PR27, KCI Property Investment Inc. Act, 2026

Bill PR27 2026

An Act to revive KCI Property Investment Inc.

Preamble

Hamideh Hajihosseinloo has applied for special legislation to revive KCI Property Investment Inc. The applicant represents that she was a shareholder and director of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on July 23, 2025 pursuant to articles of dissolution. The applicant represents that she would like to revive the corporation in order to carry on business in the name of the corporation.

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 KCI Property Investment 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 KCI Property Investment Inc. Act, 2026.

EXPLANATORY NOTE

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

Projet de loi PR27 2026

An Act to revive KCI Property Investment Inc.

Preamble

Hamideh Hajihosseinloo has applied for special legislation to revive KCI Property Investment Inc. The applicant represents that she was a shareholder and director of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on July 23, 2025 pursuant to articles of dissolution. The applicant represents that she would like to revive the corporation in order to carry on business in the name of the corporation.

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 KCI Property Investment 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 KCI Property Investment Inc. Act, 2026.