(A) License required. It shall be unlawful for any corporation or association not incorporated under the laws of the state 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 subchapter.
(B) Fee. Any corporation or association shall pay to the Village Treasurer, for the maintenance, use, and benefit of the Fire Department thereof, a sum of money equal to 2% of the gross receipts each year received from premiums by any and all agents of any corporation or association or received as premiums in any way for fire insurance policies on any property in the village. The payments shall be made for the year ending July 1 each year.
(C) Time of payment. All payments under the provisions of this subchapter shall be made on or before July 15 following the termination of the year for which the payments are due.
(Ord. 84-0-050, passed 11-27-84) Penalty, see § 124.999