15 U.S.C. § 68g : US Code - Section 68G: Guaranty

Search 15 U.S.C. § 68g : US Code - Section 68G: Guaranty

(a) Avoidance of liability; requirements
No person shall be guilty under section 68a of this title if he
establishes a guaranty received in good faith signed by and
containing the name and address of the person residing in the
United States by whom the wool product guaranteed was manufactured
and/or from whom it was received, that said wool product is not
misbranded under the provisions of this subchapter.
Said guaranty shall be either (1) a separate guaranty
specifically designating the wool product guaranteed, in which case
it may be on the invoice or other paper relating to said wool
product; or (2) a continuing guaranty filed with the Commission
applicable to all wool products handled by a guarantor in such form
as the Commission by rules and regulations may prescribe.
(b) Furnishing false guaranty
Any person who furnishes a false guaranty, except a person
relying upon a guaranty to the same effect received in good faith
signed by and containing the name and address of the person
residing in the United States by whom the wool product guaranteed
was manufactured and/or from whom it was received, with reason to
believe the wool product falsely guaranteed may be introduced,
sold, transported, or distributed in commerce, is guilty of an
unfair method of competition, and an unfair and deceptive act or
practice, in commerce within the meaning of the Federal Trade
Commission Act.