“Surety” means a corporation authorized to transact surety business in this state pursuant to NRS 679A.030 that:
1. Is included in the United States Department of the Treasury’s Listing of Approved Sureties; and
2. Issues a surety bond pursuant to NRS 108.2413 to 108.2425, inclusive, that does not exceed the underwriting limitations established for that surety by the United States Department of the Treasury.