Section 1371 Of Article 5. Finances From California Insurance Code >> Division 1. >> Part 2. >> Chapter 3. >> Article 5.
1371
. If an exchange does either liability or workmen's
compensation insurance, it shall at all times maintain assets in a
sum sufficient to discharge all liabilities and to provide a surplus
over all liabilities of one hundred thousand dollars ($100,000).
An exchange subject to the provisions of this section is also
subject to the provisions of Sections 1370.2, 1370.4 and 1370.8.