(1) Except as provided in subsection (2) of this section, when any person, after applying for or receiving an operator's license, moves from the address named in the application or license issued to him or when the name of a licensee is changed, by marriage or otherwise, the person shall within ten (10) days after the change apply to the circuit clerk in his county of residence for the issuance of a corrected license.
(2) If a license holder's street name or postal address is changed and the license holder has not moved to a new residence, the license holder shall apply to the circuit clerk for a corrected license, free of charge.
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