[HISTORY: Adopted by the Township Committee of the Township of Ocean as indicated in article histories. Amendments noted where applicable.]
[Adopted 2-21-2023 by Ord. No. 2023-3[1]]
[1]
Editor's Note: This ordinance was originally adopted as Chapter 127 but was renumbered to maintain the organizational structure of the Code.
This article is established pursuant to P.L. 2022, c. 92,[1] and shall be enforced in accordance with law.
[1]
Editor's Note: See N.J.S.A. 40A:10A-1 et seq.
Pursuant to the provisions of P.L. 2022, c. 92:
A. 
Except as provided in Subsection B hereof, the owner of a business or the owner of a rental unit or units in the Township of Ocean shall maintain liability insurance for negligent acts and omissions in the amount of not 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 the negligent acts and omissions in the amount of not less than $300,000 or combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.
The owner of a business, owner of a rental unit or units, and owner of a multifamily home of four or fewer units, one of which is owner-occupied, in the Township of Ocean shall annually, on or before January 1, register the certificate of insurance demonstrating compliance with P.L. 2022, c. 92, and this article with the office of the Municipal Clerk.
An administrative fee of $75 shall apply to the filing of the certificate of registration required pursuant to P.L. 2022, c. 92, and this article.
An owner who violates this article is subject to a fine of not less than $500 and shall be enforceable through a summary proceeding pursuant to the Penalty Enforcement Act, N.J.S.A, 2A:58-10 et seq.
In the event that P.L. 2022, c. 92, is repealed or invalidated, this article shall have no further force or effect.