CA Ins Code Section 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.

Source: Section 1372, .

Last Updated

Aug. 19, 2023

§ 1372’s source at