Azteca Currency Exchange, Inc. v. Department of Financial Institutions

PRESIDING JUSTICE ROMITI

delivered the opinion of the court:

Appellees applied for a license to operate a currency exchange. The hearing examiner, believing that it was petitioners’ burden to prove that the community was not at that time being adequately served and that therefore the granting of a new license would promote the community’s convenience and advantage which was not being met, held that the applicants, although completely qualified, should be denied a license since the single licensee in the area was adequately serving the community. On appeal, the circuit court reversed and ordered…