[HISTORY: Adopted by the Township Council of the Township of Denville by Ord. No. 6-81; amended in its entirety by Ord. No. 22-05 (Ch. 2, Sec. 2-30, of the 1978 Revised General Ordinances). Subsequent amendments noted where applicable.]
[Added at time of adoption of Code (see Ch. 1, General Provisions, Art. III)]
The Township of Denville specifically adopts this chapter pursuant to N.J.S.A. 17:36-9 et seq.
[Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. III)]
Except as provided in ยงย 258-3, no insurance company shall pay to a claimant any claim under a fire insurance policy in excess of $2,500 for fire damages to real property located within the Township of Denville until such time as anticipated demolition costs and all taxes and assessments and all other municipal liens or charges due and payable, appearing on the official certificate of search, and/or all taxes and assessments and all other municipal liens or charges due and payable appearing on the official certificate of search shall have been paid either by the owner of the real property in question or the insurance company providing fire insurance for the same.
The prohibition as contained in ยงย 258-2 hereinabove shall be inapplicable in the situation where the Township of Denville enters into an agreement with the owner of the property in question to require payment of all delinquent taxes, assessments and other municipal liens by installments if the municipality is satisfied that the claim for fire damages is to be used to restore or improve the fire-damaged property.
No change in this chapter shall take effect until it is filed with the Commissioner of Insurance.