A. Default In Payment, Unlawful To Transact Business: If this account is not rendered on or before July 15 of each year or if the sum due remains unpaid after that day, it shall be unlawful for any corporation, company or association so in default to transact any business in the village until the sum due has been fully paid. This provision does not relieve any corporation, company or association from the payment of any loss upon any risk that may be taken in violation of this requirement. (1965 Code § 4-3-4)
B. Action For Recovery Of Tax: The amount of this tax may be recovered from the corporation, company or association which owes said tax, or from its agent, by an action in the name and for the use of the village as for money had and received. (1965 Code § 4-3-4; amd. 2009 Code)