The license fee imposed upon each insurance company which issues life insurance policies on the lives of person residing within the corporate limits of the city shall be 5% of the first year’s premiums actually collected within each calendar quarter by reason of the issuance of such policies.
(Prior Code, § 114.02) (Ord. passed 10-29-1984; Ord. 2005-01, passed 1-24-2005; Ord. 2011-02, passed 3-15-2011)
Statutory reference:
Related provisions, see KRS 91a.080(2)