Bill PR39 explained in plain English
778624 Ontario Limited 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 PR39 revives the dissolved corporation 778624 Ontario Limited, restoring it to its legal position as if it had not been dissolved.
This Act revives the corporation 778624 Ontario Limited. The corporation was dissolved in 1995 because it failed to comply with the Corporations Tax Act. The revival is intended to allow the estate trustee of its former sole shareholder to manage property held by the corporation at the time of its dissolution and to continue the business it conducted.
- Revives the corporation 778624 Ontario Limited.
- Restores the corporation to its legal position as it was at the time of its dissolution, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- Ensures that the revival is subject to any rights acquired by other persons after the corporation's dissolution.
- States that the Act comes into force on the day it receives Royal Assent.
- 778624 Ontario Limited
- Frank Romano (as estate trustee for the estate of Danny Romano)
- The estate of Danny Romano
- Persons who may have acquired rights after the dissolution of 778624 Ontario Limited
- 778624 Ontario Limited is restored to its legal position, including all its property, rights, privileges, and franchises.
- 778624 Ontario Limited remains subject to all its liabilities, contracts, disabilities, and debts.
- The revival is subject to any rights acquired by any person after the corporation's dissolution.
- The Act comes into force on the day it receives Royal Assent, which was June 2, 2026.
- The corporation was dissolved for default in complying with the Corporations Tax Act.
- The revival of the corporation is subject to any rights that may have been acquired by any person after the corporation's dissolution.
The corporation 778624 Ontario Limited is brought back into legal existence.
Source: Section 1
The dissolution of 778624 Ontario Limited under this Act is reversed.
Source: Preamble
The failure to comply with this Act was the reason 778624 Ontario Limited was dissolved.
Source: Preamble
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