The commission may adopt rules regarding licenses issued under Section 31.041, including rules:
(1) regarding license transfer procedures;
(2) prescribing application and license agreement forms;
(3) regarding application and renewal procedures;
(4) prescribing reporting and recordkeeping requirements for license holders;
(5) setting fees to be charged for:
(A) a transferred license; or
(B) a replacement license;
(6) prescribing license requirements; and
(7) establishing license revocation and suspension procedures.