[HISTORY: Adopted by the Township Committee of the Township of Middletown 5-1-2023 by Ord. No. 2023-3369. Amendments noted where applicable.]
The purpose of this article is to comply with the provisions of N.J.S.A. 40A:10A-1 et seq. imposed upon municipalities by the state, requiring municipalities to administer an insurance registration program imposed upon business owners and rental unit owners, requiring the annual registration of their certificates of insurance demonstrating sufficient liability insurance for negligent acts and omissions.
As used in this chapter, the following terms shall have the meanings indicated:
CERTIFICATE OF INSURANCE
A document issued by an insurance carrier licensed to do business in the State of New Jersey including:
A. 
The policy holder's name;
B. 
The address of the covered property;
C. 
The effective dates of the policy;
D. 
The type of coverage provided;
E. 
The policy limits; and
F. 
The names of any additionally insured parties.
The owner of any business, or rental unit or units within the Township shall maintain liability insurance for negligent acts and omissions for the combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence in the amounts established under N.J.S.A. 40A:10A-1.
The owner of any business, or rental unit or units, shall annually, by January 1 of each calendar year, have registered a certificate of insurance with the Township Clerk demonstrating compliance with the requirements of N.J.S.A. 40A:10A-1 for any business, or rental unit or units located within the Township.
The annual administrative fees, payable at the time of registration, shall be:
A. 
Individual businesses: $25.
B. 
1 to 20 unit rental unit owners: $30.
C. 
21 to 150 unit rental unit owners: $40.
D. 
151 + unit rental unit owners: $50.
E. 
For any 100% governmental or 501(c)(3) charitable entities: no fee.
F. 
Late filing fee if more than 10 calendar days after January 1, or annual renewal date, as applicable: $50.
The Township may collect, through a summary proceeding pursuant to the Penalty Enforcement Law of 1999 (N.J.S.A. 2A:58-10 et seq.), a fine of $500 against an owner who fails to comply with the provisions of N.J.S.A. 40A:10A-1 et seq., which shall apply as a separate offense for each property owned.
All ordinances or parts of ordinances which are inconsistent with the provisions of this chapter are, to the extent of such inconsistency, hereby repealed. All portions of the chapter not modified herein remain in full force and effect.
Should any section, clause, sentence, phrase or provision of this chapter be declared unconstitutional or otherwise invalid by a court of competent jurisdiction, such decision shall not affect the remaining portions of this ordinance.
This chapter shall take effect upon final passage, adoption and publication in the manner prescribed by law.