§ 7-5. Payment of Insurance Proceeds.

Latest version.

No insuring agent shall pay a claim of a named insured for fire damage to a structure located within the Borough where the amount recoverable for the fire loss to the structure under all policies exceeds $7,500 unless the insuring agent is furnished with a municipal certificate from the Borough Treasurer pursuant to § 638(b) of the Insurance Company Law, as amended, and unless there is compliance with the provisions of this Part.

Ord. 964, 4/12/2000, § 7012

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');