GroundRules
INS § 1371
Where this section sits in the code
- Insurance Code - INS
- DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]
- PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]
- CHAPTER 3. Reciprocal Insurers [1280. - 1560.19.]
- ARTICLE 5. Finances [1370. - 1375.]
If an exchange does either liability or workers’ 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.
Collected 2026-09-14T05:56:33Z. Source file · JSON