Every person acting as agent or otherwise for or upon behalf of such corporation, company or association shall, on or before July 15 of each and every year, render to the treasurer of the foreign fire insurance board a full, true and just account verified by oath, of all the premiums which, during the year ending July 1 of each year, shall have been received by him/her or any other person for him/her on behalf of such corporation, company or association, and shall fully and specifically set out in said report the amount received as premiums for fire insurance.
The said agent or agents shall also, at the time of the making of the above mentioned report, pay to the secretary of the fire protection district two percent of the gross receipts of such corporation, company or association obtained as premiums for effecting fire insurance in the village, as herein specified.
If this account is not rendered on or before the fifteenth day of July 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 municipality or fire protection district until the sum due has been fully paid. But this provision shall 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.
The amount of this tax or license fee may be recovered from the corporation, company, or association which owes it, or from its agent, by an action in the name and for the use of the village as for money had and received. If the village initiates an action to recover monies owed hereunder, the corporation, the company, or association which is found liable to pay the monies shall also be liable for the full amount of the village's costs and attorney fees in bringing the action. (Ord. 3362, 2-28-2011)