[HISTORY: Adopted by the Township Committee of the Township of Franklin:
Art. I, 4-2-1992 by Ord. No. 92-11 (Ch.
83 of the 1988 Code). Amendments noted where applicable.]
GENERAL REFERENCES
Fire prevention — See Ch. 193.
The Legislature of the State of New Jersey has, pursuant to N.J.S.A.
17:36-8 et seq., delegated the authority to local governments to adopt an
ordinance to require insurance companies writing fire insurance on risks located
in the municipality to pay any unpaid tax liens out of claim payments in excess
of $2,500. Therefore, the Committee of the Township of Franklin does ordain
as follows.
Pursuant to N.J.S.A. 17:36-8 et seq., no insurer issuing fire insurance
policies in the State of New Jersey shall make payment to any claimant of
any claim in excess of $2,500 for fire damages on real property located within
the Township of Franklin, County of Hunterdon, pursuant to any fire insurance
policy issued or renewed after the adoption of this chapter, until such time
as all taxes and assessments and all other municipal liens or charges due
and payable appearing on an official certificate of tax search issued by the
Township's Tax Search Office shall have been paid either by the owner of such
real property or by the insurance company unless the Township shall adopt
a resolution providing for the payment of said liens in installments pursuant
to N.J.S.A. 17:36-11.
