EXPLANATORY NOTE
The purpose of the Bill is set out in the Preamble.
Projet de loi PR59 2024
An Act to revive La Ferme Cantin Inc.
Preamble
Lucien Cantin has applied for special legislation to revive La Ferme Cantin Inc. The applicant represents that he was a director of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on May 30, 2006 pursuant to articles of dissolution. The applicant represents that he would like to revive the corporation in order to deal with certain real 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 La Ferme Cantin 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 La Ferme Cantin Inc. Act, 2024.