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<section article="gbo" article_name="Business Occupations and Professions" number="16-312" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers">
  <level label="a">
    <text>A licensed real estate appraiser shall:</text>
    <level label="1">
      <text>maintain a principal place of business; and</text>
    </level>
    <level label="2">
      <text>in that principal place of business, display conspicuously the license issued under this subtitle.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>Each licensee promptly shall give the Commission written notice of any change of name or address from that which appears on the current license.</text>
    </level>
    <level label="2">
      <text>On receipt of notice, the Commission shall issue to the licensee a new license for the unexpired term.</text>
    </level>
    <level label="3">
      <text>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.</text>
    </level>
  </level>
</section>
