41:2 Bill PR62, Roy Wilson Real Estate Inc. Act, 2017

Hillier, Randy

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Roy Wilson Real Estate Inc. Act, 2017

Bill Pr62                                                                                                                                   2017

An Act to revive Roy Wilson Real Estate Inc.

Preamble

Elva Alice Wilson has applied for special legislation to revive Roy Wilson Real Estate Inc.  The applicant represents that Percy Roy Wilson was the sole shareholder, director and officer of the corporation when it was dissolved, that Percy Roy Wilson died on June 15, 2014 and that the applicant is the sole estate trustee of the estate of Percy Roy Wilson.  The corporation was voluntarily dissolved under the Business Corporations Act on November 3, 2010 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, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

Corporation revived

1 Roy Wilson Real Estate 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 Roy Wilson Real Estate Inc. Act, 2017.

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