If an applicant qualifies for a license under this subtitle, the Board shall send the applicant a notice that specifies that: The applicant has qualified for a license; and On receipt of the license fee set by the Board, the Board will issue a license to the applicant. On payment of the license fee, the Board shall issue a license to any applicant who meets the requirements of this subtitle. The Board shall include on each license that the Board issues: The full name of the licensee; A serial number assigned by the Board to the licensee; and The signature of the chairman of the Board, under seal of the Board.