How to set alternate location for SQL Server dumps?

How to set alternate location for SQL Server dumps?
To change the default location for dump files, you can add the SQLExceptionDumpPath registry key with REG_SZ type under HKLM\Software\Microsoft\<instance path>\Setup  and set the value of this key to the new path. The default location for this is the SQL installation Path\log directory.
Above change does not require restart
HKLM\Software\Microsoft\<instance path>\Setup\MaxDumps    -DWORD to limit maximum number of dumps (0=Unlimited)
HKLM\Software\Microsoft\<instance path>\Setup\MaxFullDumps to limit maximum number of full dumps (0=Unlimited)