A. Compliance With Provisions: It shall be unlawful for any corporation or association not incorporated under the laws of the State of Illinois to engage in effecting fire insurance in the Village or to transact any business of fire insurance in the Village without fully complying with the provisions of this section.
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 Village a full, true and just account, verified by oath, of all premiums which have been received by him on behalf of the company or association during the year ending the preceding July 1 on such fire insurance policies.
C. Fees: Any such corporation or association shall pay to the Village for the purchase and/or maintenance of its fire equipment a sum of money equal to two percent (2%) of the gross receipts each year received from premiums by any and all agents of any such corporation or association or received as premiums in any way for fire insurance policies on any property in the Village. Such payments shall be made for the year ending July 1 of each year.
D. Payment Of Fees: 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.
(Ord. 932, 5-14-1974)