1.  The Commissioner shall maintain in the Office of the Commissioner, in a suitable record provided for that purpose, each application for a license and all bonds required to be filed pursuant to this chapter. The record must state the date of issuance or denial of the license and the date and nature of any action taken relating to an application.

2.  Each license issued by the Commissioner must be sufficiently identified in the record.

3.  Each renewal of a license must be recorded in the same manner as the original license, and the number of the preceding license issued must be recorded.