§ 168-1. Payment to claimant prohibited until charges due paid.
Editor's Note: Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I). It is determined that the payment to a claimant by any insurance company of any claim in excess of $2,500 is prohibited 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 article and after the filing of this article with the State Commissioner of Insurance. Payment shall be prohibited 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, shall have been paid either by the owner of such real property or by the insurance company, pursuant to the provisions of § 168-2 of this article, or the municipality submits to the insurance company a copy of a resolution adopted pursuant to § 168-3 of this article. No change in such an ordinance shall take effect until filed with the Commissioner.