(a) A registered out-of-state bank shall apply for an amended certificate of authority from the Bank Commissioner if it changes:
(1) The name of the bank;
(2) The period of its duration; or
(3) The state or country under which it is chartered.
(b) The requirements of § 23-48-1001 for applying for an original certificate of authority shall also apply to applications for obtaining an amended certificate of authority hereunder.