(a) The original buyer of a payment instrument may request a duplicate of the instrument if the request is:
(1) In writing; and
(2) If required by the licensee, accompanied by:
(i) An affidavit that gives the reason for the request and states the facts relating to the loss of or other failure to produce the original payment instrument; and
(ii) A personal indemnity bond or, if the total amount of the payment instruments for which a duplicate is requested is $150 or more, a lost instrument corporate bond instead of a personal indemnity bond.
(b) Each licensee shall issue or refuse to issue a duplicate payment instrument within 30 days after a request for the duplicate is made under this section.