The purpose of this chapter to comply with the state mandate
(P.L. 2022, c. 92) requiring municipalities to ensure that business
and rental unit owners located in the municipality maintain minimum
liability insurance policies and annually register a certificate of
insurance with the Borough.
As used in this chapter, the following terms shall have the
meanings indicated:
BUSINESS
Any person or entity offering and/or engaged in buying, selling,
storing and/or transferring merchandise, goods, real property, personal
property, moneys, services and/or other items who do so for a fee,
price, retainer, commission, percentage and/or other means of compensation
for the purpose, stated or otherwise, of realizing a profit or other
gain. This shall include businesses operating on a temporary basis
within the Borough such as peddlers, solicitors, and transient vendors
licensed and temporary retail food establishments and mobile food
units.
CERTIFICATE OF INSURANCE
The certificate of insurance form provided by the liability
insurance company detailing the insurance liability coverage amount.
Any person who violates the terms of this chapter shall pay
a fine of not less than $500 but no more than $5,000 which is collectible
through a summary proceeding pursuant to the "Penalty Enforcement
Law of 1999," P.L. 1999, c. 274 (N.J.S.A. 2A:58-10 et seq.).