Every owner having a municipal insurance registration certificate
for a business or rental unit or multifamily home of four or few units,
one of which is owner occupied, that ceases to operate, changes the
principal activity in which it is engaged, changes its location and/or
locations in the municipality, moves out of the municipality or changes
owners and/or managers, must submit written notice to the Borough
Clerk within 30 days of such change. In the event of cessation of
business or moving out of the municipality, the person having a certificate
for a business must provide the name, address and home telephone number
of the person or principal officer of the business to the Borough
Clerk within 30 days of such event.
Issuance of a municipal insurance registration certificate by
the Borough Clerk does not evidence compliance with other applicable
rules, regulations, ordinances and statutes of the municipality, county
and State of New Jersey, or other regulatory agencies having jurisdiction
over the activities of the certificate holder.
The annual fee for registration of the certificate of insurance pursuant to this chapter is as set forth in Chapter
102 of the Borough Code. The fee is due at the time the certificate of insurance is to be registered with the Borough Clerk.
If the owner of a business or rental unit(s) subject to the
registration requirements of this chapter is found to be in violation
of these provisions, a fine of not less than $500 but no more than
$5,000 may be assessed against same through a summary proceeding in
accordance with the provisions of N.J.S.A. 2A:58-10 et seq.