[HISTORY: Adopted by the Mayor and Council of the Township
of Mount Olive as indicated in article histories. Amendments noted
where applicable.]
[Adopted 5-21-1991 by Ord. No. 12-91 (Ch. 142, Art. I, of
the 1990 Code)]
Pursuant to the provisions of N.J.S.A. 17:36-9 (P.L. 1979, c.
369, Section 2), the Township does hereby prohibit the payment to
any claimant by any insurance company of any claim in excess of $2,500
for fire damages on any real property located within the municipality,
pursuant to any fire insurance policy issued or renewed after the
adoption of this article and the filing of same with the State Commissioner
of Insurance, 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 N.J.S.A. 17:36-9.
The Township Clerk shall file a copy of this article with the
Commissioner of Insurance of the State of New Jersey.
