§ 110.27 PAYMENT DUE.
   The license tax hereby imposed and payments for the license tax shall be due and payable quarterly in advance, on the first day of each calendar quarter. The license shall expire on the last day of each quarter. The amount of the license tax payable at the beginning of each quarter shall be based upon the gross receipts for such company for the previous quarter.
(Prior Code, § 9-3-3)