(A) The sum of money for which such corporation, company or association is so chargeable, may be recovered of it, or its agent or agents, by an action in the name of and for the use of the city, as for money had and received.
(B) Nothing in this section shall be held to exempt any person, corporation, company or association from indictment and conviction under the provisions of Illinois Municipal Code, being ILCS Ch. 65, Act 5.
(C) The Municipal Treasurer shall pay upon receipt the sums received pursuant to ILCS Ch. 65, Act 5, §§ 11-10-1 and 11-10-2 to the Treasurer of the Foreign Fire Insurance Board.
(Ord. 1667, passed 6-28-1999)