[HISTORY: Adopted by the Township Committee of the Township of Winslow: Art. I, 12-29-79 as Ord. No. 0-31-79 as Art. I of Ch. 11A of the 1970 Code of the Township of Winslow. Amendments noted where applicable.]
[Adopted 12-29-79 as Ord. No. 0-31-79 as Art. I of Ch. 11A of the 1970 Code of the Township of Winslow]
Pursuant to P.L. 1978, c. 184, a municipality may adopt an ordinance regulating the payment of an insurance claim in excess of two thousand five hundred dollars ($2,500.).
Editor's Note: See N.J.S.A. 17:36-8 et seq.
No insurance company authorized to issue fire insurance policies in this state shall pay any claim in excess of two thousand five hundred dollars ($2,500.) on any real property located within the Township of Winslow pursuant to any fire insurance policy issued or renewed after the adoption of this Article and after the filing of said Article with the State Commissioner of Insurance unless or until the insured person submits an official certificate of search for municipal liens pursuant to N.J.S.A. 54:5-12, certifying that all taxes, assessments or other municipal liens or charges levied and assessed and due and payable against said property have been paid.
The governing body may enter into an agreement with the owner of any fire-damaged property to permit said owner to pay in full all delinquent taxes or municipal liens by installments if said governing body is satisfied that the claim for fire damage is to be used to restore or improve the fire-damaged property.