[Ord. 961-1, 1/10/1996]
No insurance company, association, or exchange (hereinafter
the "insurer") doing business in the Commonwealth of Pennsylvania
shall pay a claim of a named insured for fire damage to a structure
located within the Borough where the amount recoverable for the fire
loss to the structure under all policies exceeds $7,500 unless the
insurer is furnished by the Borough's Treasurer with a certificate
pursuant to § 508(b) of the Insurance Company Law of 1921,
as amended by Act 98 of 1992 and Act 93 of 1994 (collectively, the
"Act"), 40 P.S. § 638, and unless there is compliance with
the procedure set forth in § 508(c) and (d) of the Act.
[Ord. 961-1, 1/10/1996; as amended by Ord. 9711-6, 11/12/1997,
§ 136-4; and by Ord. 2009-09-02, 9/14/2009]
Any owner of property, any named insured, or insurer who violates
the provisions of this section or who shall fail to comply with any
of the requirements hereof shall be liable, upon conviction thereof,
shall be sentenced to a fine of not more than $1,000 plus costs and,
in default of payment of said fine and costs, to a term of imprisonment
not to exceed 30 days. Each day that a violation of this Part continues
or each section of this Part which shall be found to have been violated
shall constitute a separate offense.
[Ord. 961-1, 1/10/1996; as amended by Ord. 9711-6, 11/12/1997,
§ 136-5]
The Secretary of the Borough shall transmit a certified copy
of this Part promptly to the Center for Local Government Services.