(a) A licensed real estate appraiser shall:
(1) maintain a principal place of business; and
(2) in that principal place of business, display conspicuously the license issued under this subtitle.
(b) (1) Each licensee promptly shall give the Commission written notice of any change of name or address from that which appears on the current license.
(2) On receipt of notice, the Commission shall issue to the licensee a new license for the unexpired term.
(3) A licensee who is not a resident of the State may not be required to maintain a place of business in this State if the licensee maintains an active place of business in another state.