If an applicant qualifies for a license under this part, the Board shall send the applicant a notice that states 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 each applicant who meets the requirements of this part. A license issued under this section is nontransferable. A licensee shall notify the Board in writing of any change in the licensee’s name or address within 60 days after the change.