The license fee imposed upon each insurance company which issues life insurance policies on the lives of persons residing within the corporate limits of the City of Florence shall be 5% of the first year’s premiums actually collected within each calendar quarter by reason of the issuance of such policies.
(Ord. O-25-84, passed 9-25-84; Am. Ord. O-34-91, passed 10-8-91; Am. Ord. O-22-94, passed 9-6-94; Am. Ord. O-3-07, passed 3-6-07; Am. Ord. O-4-18, passed 3-20-18)