will quotas apply after replacing volume

I need to replace a volume on a windows 2008 server and would like to know if the fsrm quotas will apply once I am done with the replacment or will I need to recreate them?  Here is what I plan to do: 

Copy all data from volume1 (current volume) to volume2 (new volume).

Change drive letter of volume1 from H: to X:.

Change drive letter of volume2 from W: to H:.

Will the quotas that are currently assigned to the H: drive automatically apply to the new H: drive or will I need to recreate them?

Thanks.