Bill PR47 explained in plain English
M E Investments Inc. 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 PR47, if passed, would revive the corporation M E Investments Inc. and restore it to its legal position as of the date of its dissolution.
This bill, if passed, would revive M E Investments Inc. The company was voluntarily dissolved on January 27, 2022. The applicant, who was a director, shareholder, and officer of the company before its dissolution, wishes to revive it to manage property that was held by the corporation at the time of dissolution. The bill states that the corporation would be restored to its legal position as if it had never been dissolved, including its property, rights, and liabilities, unless rights have been acquired by others after its dissolution.
- It would revive M E Investments Inc.
- It would restore M E Investments Inc. to its legal position, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as of the date it was dissolved.
- This restoration would be subject to any rights that have been acquired by any person after M E Investments Inc. was dissolved.
- It would establish the short title of the Act as the M E Investments Inc. Act, 2026.
- M E Investments Inc.
- Rodney Lover (applicant, former director, shareholder, and officer)
- Any persons who acquired rights after the dissolution of M E Investments Inc.
- M E Investments Inc. would be restored to its legal position, including all its property, rights, privileges, and franchises.
- M E Investments Inc. would be subject to all its liabilities, contracts, disabilities, and debts as of the date of its dissolution.
- The restoration is subject to any rights acquired by any person after the dissolution of M E Investments Inc.
- The Act comes into force on the day it receives Royal Assent.
- The extent to which rights acquired by others after the dissolution of M E Investments Inc. might affect its restoration is not detailed.
- The bill does not specify any requirements for the corporation to meet after being revived, beyond its existing liabilities and contracts.
The corporation M E Investments Inc. would be brought back into legal existence and restored to its former status and responsibilities.
Source: Section 1
The dissolution of M E Investments Inc. under this Act on January 27, 2022, would be reversed by the revival of the corporation.
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 is still active. We only show vote counts after the legislature publishes a recorded division.
No published representative vote breakdown
This bill is still moving through the process. When a recorded division is published, representative positions can be listed here.
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