(a) A new bond is not required for a change in:
(1) ownership of a licensee or a business entity under which a license holder conducts business; or
(2) location.
(b) A licensee shall notify the department of a change described by Subsection (a) not later than the 10th day before the date the change occurs.

(c) After a change described by Subsection (a), the licensee shall provide to the department a proper endorsement to the original bond showing that the bond continues to apply to the license without interruption.