(a) A licensee under this article shall maintain a net worth that is calculated at $10,000 for every $1,000,000 of the total previous year's:
(1) Money transmission dollar volume;
(2) Payment instrument dollar volume; and
(3) Stored value dollar volume.
(b)
(1) A licensee shall maintain a minimum net worth of at least $50,000.
(2) The commissioner may set specific required net worth amounts by rule.