Bill PR31 explained in plain English
Precision Pipe Manufacturing Inc. Act, 2015
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 41st Parliament, 1st Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
Bill PR31 revives the corporation Precision Pipe Manufacturing Inc., restoring its legal status and property rights as they existed before its dissolution in 2013, subject to any rights acquired by others since then.
This Act revives Precision Pipe Manufacturing Inc., allowing it to resume its legal position as if it had not been dissolved. This revival is intended to allow the company to deal with properties it held before its dissolution. The corporation was voluntarily dissolved on February 13, 2013, under the Business Corporations Act. The revival is subject to any rights that have been acquired by others since the company's dissolution. The Act comes into effect on the day it receives Royal Assent.
- Revives Precision Pipe Manufacturing Inc.
- Restores Precision Pipe Manufacturing Inc. to its legal position as it was before its dissolution on February 13, 2013.
- Grants the revived corporation the same property, rights, privileges, and franchises it had before dissolution.
- Subjects the revived corporation to its former liabilities, contracts, disabilities, and debts.
- Ensures the revival is subject to any rights acquired by other persons after the corporation's dissolution.
- Specifies that the Act comes into force on the day it receives Royal Assent.
- Precision Pipe Manufacturing Inc.
- Richard Hanninen (applicant, former president, secretary, and sole director)
- Persons who acquired rights after the dissolution of Precision Pipe Manufacturing Inc.
- Precision Pipe Manufacturing Inc. is restored to its legal position, including all its property, rights, privileges, and franchises.
- Precision Pipe Manufacturing Inc. is subject to all its former liabilities, contracts, disabilities, and debts.
- The revival is subject to any rights acquired by any person after the corporation's dissolution.
- February 13, 2013: Date of voluntary dissolution of Precision Pipe Manufacturing Inc.
- December 10, 2015: Date the Act received Royal Assent and came into force.
- The revival is subject to any rights acquired by any person after the dissolution of Precision Pipe Manufacturing Inc. The Act does not specify how these pre-existing rights will be managed or protected.
- The Act does not detail the process for dealing with the properties that Precision Pipe Manufacturing Inc. held under its previous name (2149868 Ontario Limited) and its current name.
The revival of Precision Pipe Manufacturing Inc. under this Act means it is no longer dissolved under the Business Corporations Act. This Act provides special legislation for its revival, overriding the standard dissolution process under the Business Corporations Act in this specific instance.
The Act begins to have legal effect on the day it receives Royal Assent.
Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.
Official textProcess Snapshot
Vote Summary
This bill does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.
No published representative vote breakdown
The current official sources do not publish a recorded division breakdown for this bill, so there is no representative-by-representative table to show.
Official sources
Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.
How this data is sourced