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imported into the United States for sale or distribution or manufactured for sale or distribution in the United States any cigarette that does not fully comply with the Federal Cigarette Labeling and 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. (c) The Department, upon receipt of an Upon approval of such application and payment of the required annual license fee, from a person who is eligible to receive a secondary distributor's license under this Section, the Department shall issue a license to the applicant. Such license shall permit the applicant to engage in business as a secondary distributor at or from 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 provided. No license issued under this Section Act is transferable or assignable. Such license shall be conspicuously displayed at the place of business for which it is issued. No secondary distributor licensee acquires any vested interest or compensable property right in a license issued under this Section Act. SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468