A. License Required: It shall be unlawful for any corporation or association not incorporated under the laws of the state to engage in effecting fire insurance in the city or to transact any business of fire insurance in the city without fully complying with the provisions of this section. (1944 Code § 151)
B. Report Required: Every person acting as representative for or on behalf of any such company or association shall, on or before July 15 of each year, render to the city treasurer a full, true and just account, verified by such person's oath, of all premiums which shall have been received by such person on behalf of such company during the year ending the preceding July 1 on such fire insurance policies. (1944 Code § 153)
C. Time Of Payment: All payments under the provisions of this section shall be made on or before July 15 following the termination of the year for which such payments are due. (1944 Code § 154)