(a) The Secretary shall issue a license to any applicant who meets the standards and requirements of this subtitle and in regulations adopted pursuant to this subtitle.

(b) A medical laboratory license shall include the name of the:

(1) Medical laboratory;

(2) Laboratory director; and

(3) Owner of the laboratory.

(c) A medical laboratory license shall designate the:

(1) Complexity of testing that the laboratory may offer or perform;

(2) Classes of services that may be offered;

(3) Tests or examinations that may be offered or performed by the laboratory; or

(4) Any combination of items (1), (2), and (3) of this subsection.

(d) A medical laboratory may not operate in any manner beyond what is designated by its license.

(e) A medical laboratory license issued by the Secretary under this subtitle is not transferable.