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Can a licensee keep and maintain a net worth less than the $50,000 per location (maximum $250,000) during the licensing year?

April 26, 2017Licensee licensing location maintain maximum NET worth

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Can a licensee keep and maintain a net worth less than the $50,000 per location (maximum $250,000) during the licensing year?

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A licensee that does not keep and maintain a net worth of at least $50,000 per location (maximum requirement $250,000) is in violation of the DPSTA.