(a) If an applicant qualifies for a license under this part, the Board shall send the applicant a notice that states that:

(1) the applicant has qualified for a license; and

(2) on receipt of the license fee set by the Board, the Board will issue a license to the applicant.

(b) On payment of the license fee, the Board shall issue a license to each applicant who meets the requirements of this part.

(c) A license issued under this section is nontransferable.

(d) A licensee shall notify the Board in writing of any change in the licensee’s name or address within 60 days after the change.