§ 40-25. Penalty for making false statement causing reduction in license fee.

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Any person making a statement in his application for an occupation license showing gross annual business or annual gross receipts or gross annual commissions, fees, charges or compensation in an amount less than the true amount thereof, or knowingly making a false statement as to any other condition or factor upon which the license fee is or shall be based, the effect of which would be to reduce the amount of such fee, shall pay to the city treasurer, upon demand therefor, the additional amount of license fee found to be due, plus a penalty of 25 percent of such additional amount, with interest on the additional license fee of one percent for each month, or major fraction thereof, after the date when the demand for the additional amount was made.

(Code of Gen. Ords. 1967, § 21.23)

                    
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