[HISTORY: Adopted by the Mayor and Council of the Borough of Ho-Ho-Kus 10-25-2022 by Ord. No. 2022-73. Amendments noted where applicable.]
A. 
As required by N.J.S.A. 40A:10A-2, 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 N.J.S.A. 40A:10A-1 as set forth below.
B. 
All business owners and rental unit owners as set forth above shall comply with the insurance requirements pursuant to N.J.S.A. 40A:10A-1 and provide a certificate of insurance as required by statute to the office of the Borough Clerk on an annual basis, which office shall maintain a registry of certificates of insurance filed with it, and each registration shall be accompanied by payment of $25 as an administrative fee for such registration.
C. 
Penalty and enforcement: Any business owner who does not comply with this section shall be subject to enforcement of the registration provisions of this section 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.) of a fine of not less than $500 but no more than $5,000 against an owner who failed to comply with the provisions of this chapter.
If any portion of this chapter is adjudged unconstitutional or invalid by a court of competent jurisdiction, such judgment shall not affect or invalidate the remainder of this chapter, but shall be confined in its effect to the provision directly involved in the controversy in which such judgment shall have been rendered.
This chapter shall take effect after final passage and publication as required by law.