Bill PR13 explained in plain English
Faris Team Mortgage Brokerage Corp. Act, 2026
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 44th 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 PR13 revives the dissolved corporation Faris Team Mortgage Brokerage Corp. to allow it to deal with previously held property.
This private bill, the Faris Team Mortgage Brokerage Corp. Act, 2026, allows the corporation named Faris Team Mortgage Brokerage Corp. to be revived. The corporation was dissolved on December 22, 2023. The applicant, Mark Faris, who was the sole director, wishes to revive the corporation to manage property that was in the corporation's name when it was dissolved. The bill restores the corporation to its legal standing as if it had not been dissolved, subject to any rights acquired by others since its dissolution. The Act came into force on April 15, 2026, the day it received Royal Assent.
- Revives the corporation named Faris Team Mortgage Brokerage Corp.
- Restores the corporation to its legal position as if it had not been dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- Specifies that the revival is subject to any rights acquired by any person after the corporation's dissolution.
- States that the Act comes into force on the day it receives Royal Assent.
- Faris Team Mortgage Brokerage Corp.
- Mark Faris
- Persons who may have acquired rights related to Faris Team Mortgage Brokerage Corp. after its dissolution.
- Faris Team Mortgage Brokerage Corp. is restored to all its property, rights, privileges, and franchises.
- Faris Team Mortgage Brokerage Corp. is subject to all its liabilities, contracts, disabilities, and debts.
- The revival is subject to any rights acquired by any person after its dissolution.
- The Act came into force on April 15, 2026, the day it received Royal Assent.
- The bill does not specify the exact nature of the property to be dealt with.
- The revival is subject to any rights acquired by any person after the corporation's dissolution, the scope of which may require further clarification.
This Act revives Faris Team Mortgage Brokerage Corp. and restores it to its previous legal standing.
Source: Section 1
This Act came into force on the day it received Royal Assent.
Source: Section 2
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