Illinois General Assembly - Illinois Compiled Statutes

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205 ILCS 405/4.3

(205 ILCS 405/4.3) (from Ch. 17, par. 4811)

Sec. 4.3.

Upon receipt of an application from an ambulatory currency
exchange for the conduct of its business at a location to be served by
it, the Secretary shall
cause an investigation to be made to determine whether to issue
said license. No fee shall be charged for the investigation of an
application for a location license.  The
Secretary shall employ the following criteria
in making his determination:

(1) the economic benefit and convenience to the

persons to be served at the location for which a license has been requested;

(2) the effect that granting a license will have on

the financial stability of community currency exchanges;

(3) safety benefits, if any, which may accrue from

the granting of the location license;

(4) the effects, if any, which granting of a license

will have on traffic, and traffic congestion in the immediate area of the location to be served;

(5) such other factors as the Secretary shall deem

proper and relevant.

(Source: P.A. 97-315, eff. 1-1-12.)