[Ord. No. § 218-1]
The City of Absecon City does hereby adopt this Article in accordance
with N.J.S.A. 17:36-8 et seq.
[Ord. No. § 218-2]
No insurance company may make any payment to a claimant of any
claim in excess of $2,500 for fire damage on any real property located
within the City of Absecon City pursuant to any fire insurance policy
issued or renewed until such time as all taxes and assessments and
all other municipal liens or charges due and payable appearing on
the official certificate of search shall have been paid either by
the owner of such real property or by the insurance company pursuant
to the provisions of this section.
[Ord. No. § 218-3]
The City Administrator is hereby directed to file a copy of
this Article after it has been adopted with the State Commissioner
of Insurance.