[HISTORY: Adopted by Mayor and Council of Borough of Wenonah 4-25-1985. Amendments noted where applicable.]
In accordance with the dictates of N.J.S.A. 17:36-8, as amended, the Mayor and Council of the Borough of Wenonah hereby adopts the required ordinance as set forth in N.J.S.A. 17:36-9 whereby the Borough of Wenonah hereby prohibits the payment to a claimant by any insurance company of any claim in excess of $2,500 for fire damages on any real property located within the Borough of Wenonah pursuant to any fire insurance policy issued or renewed after the effective date of this ordinance, unless and until all taxes, assessments or other municipal liens or charges affecting such property have been paid in full.
A copy of this ordinance shall be filed with the State Commissioner of Insurance in accordance with the above-enumerated statute.
This ordinance shall take effect immediately upon adoption and publication in accordance with statute.