Section 1372 Of Article 5. Finances From California Insurance Code >> Division 1. >> Part 2. >> Chapter 3. >> Article 5.
1372
. Every other exchange shall maintain at all times assets in a
sum sufficient to discharge all liabilities and to provide a surplus
over all liabilities of fifty thousand dollars ($50,000).
An exchange subject to the provisions of this section is also
subject to the provisions of Sections 1370.2, 1370.4, and 1370.8.