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 shall be 6.4% of the first year’s premiums actually collected within each calendar quarter by reason of the issuance of such policies.
(KRS 91A.080(2)) (Ord. 465, passed 8-4-87; Am. Ord. 616, passed 3-3-15)