[HISTORY: Adopted by the Mayor and Council of the Borough
of Emerson 12-19-2023 by Ord. No. 1680-23]
A.
The owner of a business or the owner of a rental unit or units, other than a multifamily home as set forth in § 125-1B, below, shall be required to maintain liability insurance for all negligent acts and omissions in an amount of no 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 multifamily home which is four or fewer units, one
of which is owner-occupied, shall maintain liability insurance for
negligent acts and omissions in an amount of no less than $300,000
for combined property damage and bodily injury to or death of one
or more persons in any one accident or occurrence.
A.
Any owner of a business or rental unit(s) required to maintain insurance
as set forth in this chapter is required to register the certificate
of such insurance coverage with the Borough Clerk as follows:
B.
A new certificate will be required annually for each calendar year.
All certificates shall be renewed no later than January 31 of each
year. It shall be the responsibility of any owner conducting, operating
or engaging in any business covered by this requirement to apply for
a certificate at the Office of the Township Clerk.
The following words and phrases, when used in this chapter,
shall have the meanings ascribed to them in this subsection, except
where the context clearly indicates a different meaning:
Any person 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.
The certificate issued by the Borough Clerk indicating compliance
with the registration requirement.
The registration form to be filed with the Borough Clerk.
The certificate of insurance form submitted by business owner
or owner of rental unit(s) evidencing liability insurance coverage
amounts.
The Borough of Emerson.
A.
In the event that two or more businesses occupy the same location,
the owner shall be required to complete a separate municipal insurance
registration form and obtain a separate certificate for each such
business.
B.
In the event that the same owner conducts businesses at two or more
locations, a separate business registration form and certificate shall
be required for each location.
Every owner having a business insurance registration certificate
for a business or rental unit or multifamily home of four or few units,
one of which is owner occupied, that ceases to operate, changes the
principal activity in which it is engaged, changes its location and/or
locations in the municipality, moves out of the municipality or changes
owners and/or managers must submit written notice to the Borough Clerk
within 30 days of such change. In the event of cessation of business
or moving out of the municipality, the person having a certificate
for a business must provide the name, address and home telephone number
of the person or principal officer of the business to the Borough
Clerk within 30 days of such event.
Issuance of a business insurance registration certificate by
the Borough Clerk does not evidence compliance with other applicable
rules, regulations, ordinances and statutes of the municipality, county
and State of New Jersey, or other regulatory agencies having jurisdiction
over the activities of the certificate holder.
There shall be no fee to obtain a business insurance registration
certificate issued by the Borough Clerk.
If the owner of a business or rental unit(s) subject to the
registration requirements of this chapter is found to be in violation
of the provisions of this chapter, a fine of not less than $100 but
no more than $500 may be assessed against same through a summary proceeding
in accordance with the provisions of in N.J.S.A. 2A:58-10 et seq.
This chapter shall take effect upon passage and publication
according to law.
