§69h Guaranty

Summary

You can avoid being guilty under section 69a if you have a good‑faith written guaranty. The guaranty must be signed and show the name and U.S. address of the person who made the fur product or who gave it to you, and it must say the fur is not misbranded or falsely advertised or invoiced. The guaranty can be a separate paper that names the specific fur (it can be on the invoice) or it can be a continuing guaranty filed with the Commission that covers any fur the guarantor handles in the form the Commission allows. It is illegal to give a false guaranty about a fur product if you have reason to think the falsely guaranteed fur might be sold, shipped, or distributed in commerce. The only exception is if you relied in good faith on another guaranty that met the signing and U.S. address rules. Giving a false guaranty counts as an unfair or deceptive act or unfair method of competition under the Federal Trade Commission Act.