(1) The director may require a surety bond from the owner or corporation making the application to the lottery to become a lottery sales agent. The bond amount is determined by:

(a) if the location was previously licensed, the sales total for the six months prior to closing;

(b) for a new location, the sales of a similarly sized sales agent in a community of approximately the same population for the six months before the application date.

(2) The sales agent shall maintain the bond for two years.