Projet de loi PR43, R&J Drago Consultants Inc. Act, 2026

Bill PR43 2026

An Act to revive R&J Drago Consultants Inc.

Preamble

Robert V. Drago has applied for special legislation to revive R&J Drago Consultants Inc. The applicant represents that he was a director and shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on August 26, 1996. The applicant represents that he 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, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

Corporation revived

1 R&J Drago Consultants 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 R&J Drago Consultants Inc. Act, 2026.

EXPLANATORY NOTE

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

Projet de loi PR43 2026

An Act to revive R&J Drago Consultants Inc.

Preamble

Robert V. Drago has applied for special legislation to revive R&J Drago Consultants Inc. The applicant represents that he was a director and shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on August 26, 1996. The applicant represents that he 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, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

Corporation revived

1 R&J Drago Consultants 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 R&J Drago Consultants Inc. Act, 2026.