(A) (1) The following association is hereby recognized as actively engaged in providing fire protection and/or emergency services in the borough: North Braddock Volunteer Firemen’s Relief Association.
(2) The above named association has been formed for the benefit of its members and their families in case of death, sickness, temporary or permanent disability or accident suffered in the line of duty.
(B) The above-named association of the borough is designated the proper association to receive such funds as are due and payable to the Borough Treasurer by the Treasurer of the state from the tax on premiums from foreign fire insurance companies.