It is the purpose and intent of the Township to establish a
business insurance registration system within the Township to comply
with N.J.S.A. 40A:10A-1 et seq.
The owner of a business, owner of a rental unit or units, and the owner of a multifamily home of four or fewer units, one of which is owner-occupied, shall annually register the certificate of insurance demonstrating compliance with §
115-36 of this article with the Township of Oldmans.
For violation of any provision in this article, a fine of not
less than $500 but no more than $5,000 shall be imposed against an
owner who fails to comply with the provisions of this article.