[HISTORY: Adopted by the Township Council of the Township of Parsippany-Troy
Hills by Ord. No. 91:32. Amendments noted where applicable.]
[Amended 12-20-2005 by Ord. No. 2005:31]
Pursuant to the provisions of N.J.S.A. 17:36-9 (P.L. 1979, c. 369, §2),
the Township does hereby prohibit the payment to any claimant, by any insurance
company, of any claim in excess of $2,500 for fire damages on any real property
located within the municipality pursuant to any fire insurance policy issued
or renewed after the adoption of this chapter and the filing of same with
the State Commissioner of Insurance, until such time as 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 or by the insurance company, pursuant to the provisions
of N.J.S.A. 17:36-9.
The Township Clerk shall file a copy of this chapter with the Commissioner
of Insurance of the State of New Jersey.
