Amend SB 1413, on third reading, by adding the following
appropriately numbered SECTIONS to the bill and renumbering the
subsequent SECTIONS accordingly:
SECTION _____. Section 60.063(c), Agriculture Code, is
amended to read as follows:
(c) A [If notice is given at closing, a] purchaser or the
purchaser's heirs, successors, or assigns may not maintain any
action for damages or maintain any action against the seller, title
insurance company, real estate brokers, or lienholder, or any
agent, representative, or person acting in their behalf, by reason
of the imposition of fees or assessments by the district authorized
by this chapter. Notice is not required to be given pursuant to
this section [paragraph] unless a certified copy of the order
creating the district has been recorded in the real property
records in the county in which the land is located and such order
contains the legal description of the district. A purchaser,
seller, lender, real estate broker, title insurance company, and
title insurance agent may conclusively rely on the recorded
certified copy of the order.
SECTION _____. SECTION _____, amending Section 60.063(c),
Agriculture Code, takes effect only if HB 3383, proposed by the 78th
Legislature, Regular Session, 2003, relating to agricultural
development districts, is passed and becomes law. If that bill does
not become law, this section has no effect.