Every person who shall act within the city as agent or otherwise for or in behalf of any corporation, company or association as referred to in section 8-3-1 of this chapter shall, on behalf of the corporation, company or association represented, pay annually to the foreign fire insurance board, at the time of making the report referred to in section 8-3-2 of this chapter, two percent (2%) of the gross receipts or premiums of his agency, for which the corporation, company or association represented by the person making such report is chargeable by virtue of this chapter. If such account be not rendered on or before the day designated in this chapter or if the rate above fixed remains unpaid after that date, it shall be unlawful for such corporation, company or association, so in default, to transact any business within the limits of the city until the above requirements have been fully met; but this provision shall not relieve any such corporation, company or association from the payment of any risk taken in violation hereof. (Ord. 2016-25)