
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC70h]

 
                      TITLE 15--COMMERCE AND TRADE
 
   CHAPTER 2--FEDERAL TRADE COMMISSION; PROMOTION OF EXPORT TRADE AND 
               PREVENTION OF UNFAIR METHODS OF COMPETITION
 
           SUBCHAPTER V--TEXTILE FIBER PRODUCTS IDENTIFICATION
 
Sec. 70h. Guaranty


(a) Avoidance of liability; requirements

    No person shall be guilty of an unlawful act under section 70a 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 textile fiber product guaranteed was 
manufactured or from whom it was received, that said product is not 
misbranded or falsely invoiced under the provisions of this subchapter. 
Said guaranty shall be (1) a separate guaranty specifically designating 
the textile fiber product guaranteed, in which case it may be on the 
invoice or other paper relating to said product; or (2) a continuing 
guaranty given by seller to the buyer applicable to all textile fiber 
products sold to or to be sold to buyer by seller in a form as the 
Commission, by rules and regulations, may prescribe; or (3) a continuing 
guaranty filed with the Commission applicable to all textile fiber 
products handled by a guarantor in such form as the Commission by rules 
and regulations may prescribe.

(b) Furnishing false guaranty

    The furnishing of a false guaranty, except where the person 
furnishing such false guaranty relies on 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 product guaranteed 
was manufactured or from whom it was received, is unlawful, and shall be 
an unfair method of competition, and an unfair and deceptive act or 
practice, in commerce, within the meaning of the Federal Trade 
Commission Act [15 U.S.C. 41 et seq.].

(Pub. L. 85-897, Sec. 10, Sept. 2, 1958, 72 Stat. 1722.)

                       References in Text

    The Federal Trade Commission Act, referred to in subsec. (b), is act 
Sept. 26, 1914, ch. 311, 38 Stat. 717, as amended, which is classified 
generally to subchapter I (Sec. 41 et seq.) of this chapter. For 
complete classification of this Act to the Code, see section 58 of this 
title and Tables.

                  Section Referred to in Other Sections

    This section is referred to in sections 70f, 70i of this title.
