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Borough of South Toms River, NJ
Ocean County
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[Added 2-27-2023 by Ord. No. 2023-3]
This chapter is established pursuant to P.L. 2022, c. 92 and shall be enforced pursuant to law.
[Added 2-27-2023 by Ord. No. 2023-3]
Pursuant to the provisions of P.L. 2022, c. 92:
a. 
Except as provided in paragraph b hereof, the owner of a business or the owner of a rental unit or units in the Borough of South Toms River shall maintain liability insurance for negligent acts and omissions in the amount of not less than $500,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.
b. 
The owner of a multi-family home which is four or fewer units, one of which is owner-occupied, shall maintain liability insurance for the negligent acts and omissions in the amount of not less than $300,000 or combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.
[Added 2-27-2023 by Ord. No. 2023-3]
The owner of a business, owner of a rental unit or units, and owner from multi-family home of four or fewer units, one of which is owner-occupied, in the Borough of South Toms River shall annually, on or before January 1, register the certificate of insurance demonstrating compliance with P.L. 2022, c. 92, and this chapter with the Office of the Municipal Clerk.
[Added 2-27-2023 by Ord. No. 2023-3]
An administrative fee of $50 shall apply to the filing of the certificate of registration required pursuant to P.L. 2022, c. 92 and this chapter.
[Added 2-27-2023 by Ord. No. 2023-3]
An owner who violates this chapter is subject to a fine of not less than $500 shall be enforceable through a summary proceeding pursuant to the Penalty Enforcement Act, N.J.S.A. 2A:58-10 et seq.
[Added 2-27-2023 by Ord. No. 2023-3]
In the event that P.L. 2022, c. 92 is repealed or invalidated, this chapter shall have no further force or effect.