Amend CSHB 3158 as follows:
      (1)  On page 2, strike lines 14-27.
      (2)  On page 3, strike lines 1-8 and substitute the
following:
      (c)  A bond that is made, given, tendered, or filed under
Chapter 53, Property Code, or Chapter 2253, Government Code, may be
executed only by a surety company that is authorized and admitted
to write surety bonds in this state.  If the amount of the bond
exceeds $100,000, the surety must also:
            (1)  hold a certificate of authority from the United
States secretary of the treasury to qualify as a surety on
obligations permitted or required under federal law; or
            (2)  have obtained reinsurance for any liability in
excess of $100,000 from a reinsurer that is authorized and admitted
as a reinsurer in this state and is the holder of a certificate of
authority from the United States secretary of the treasury to
qualify as a surety or reinsurer on obligations permitted or
required under federal law.
      (d)  In determining whether the surety on the bond or the
reinsurer holds a certificate of authority from the United States
secretary of the treasury, a party may conclusively rely on the
list of companies holding certificates of authority as acceptable
sureties on federal bonds and as acceptable reinsuring companies
published in the Federal Register by the United States Department
of the Treasury covering the date on which the bond was executed.
A purchaser, insurer of title, or lender acquiring or insuring an
interest or title to real property may also conclusively rely on
and is protected by a statement on a recorded bond or a sworn
statement by the surety that is recorded and refers to the specific
recorded bond and that states that, at the time the bond was
executed, the surety:
            (1)  was a holder of a certificate of authority from
the United States secretary of the treasury to qualify as a surety
on obligations permitted or required under federal law; or
            (2)  had reinsured any liability in excess of $100,000
by a reinsurer holding a certificate of authority described by
Subdivision (1) of this subsection.