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Advertising Act (15 U.S.C. 1331, et seq.); or (E) has been found by the Department, after notice and a hearing, to have made a materially material false statement in the application or has failed to produce records required to be maintained by this Act. The Department, upon receipt of an application and license fee from a person who is eligible to receive a secondary distributor's license under this Section Act, shall issue to such applicant a license in such form as prescribed by the Department. The license shall permit the applicant to which it is issued to engage in business as a secondary distributor at the place shown in the his application. All licenses issued by the Department under this Section Act shall be valid for a period not to exceed one year after issuance unless sooner revoked, canceled, or suspended as provided in this Act. No license issued under this Section Act is transferable or assignable. Such license shall be conspicuously displayed in the place of business conducted by the licensee in Illinois under such license. No secondary distributor licensee acquires any vested interest or compensable property right in a license issued under this Act. A licensed secondary distributor shall notify the Department of any change in the information contained on the application form, including any change in ownership, and shall do so within 30 days after any such change. Any person aggrieved by any decision of the Department SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468