(a) The Board may:
(1) Recommend regulations for adoption by the Secretary to carry out the provisions of this title; and
(2) Make inquiries and conduct an investigation regarding any applicant for a license.
(b) The Board shall:
(1) Carry out the provisions of this title;
(2) Collect and account for the fees provided for under this title; and
(3) Keep a current record of all individuals and entities licensed under this title, including:
(i) The names of individuals and entities that are licensed;
(ii) The issuance and expiration dates of the licenses; and
(iii) Any other information that the Board considers appropriate.