2006 Alabama Code - Section 11-51-122 — Insurance companies - Provision of statement of gross premiums, etc., and payment of license tax; effect of failure to file statement or pay tax.

On December 31 of each year or within 60 days thereafter, each insurance company which did any business in any city or town in this state during any part of the preceding year shall, if a license or privilege tax is imposed by said city or town on such insurance company, furnish the mayor or other executive head of such city or town a statement in writing duly certified showing the full and true amount of gross premiums received during the preceding year as provided under this article and shall accompany such statement with the amount of license tax due according to Sections 11-51-120 and 11-51-121.

Failure to furnish such statement or to pay such sum shall subject the company and its agents to such penalties as the ordinance of such city or town may prescribe for doing business therein without a license.

(Acts 1935, No. 194, p. 256; Code 1940, T. 37, §738.)