California Insurance Codes 1371
From Wcc
§ 1371 Echange's duty to maintain sufficient assets
| 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. |
