Title 15Commerce and TradeRelease 119-73not60

§69h Guaranty

Title 15 › Chapter 2— FEDERAL TRADE COMMISSION; PROMOTION OF EXPORT TRADE AND PREVENTION OF UNFAIR METHODS OF COMPETITION › Subchapter IV— LABELING OF FUR PRODUCTS › § 69h

Last updated Apr 3, 2026|Official source

Summary

You are not guilty of breaking the law if you have a written guaranty, given in good faith, signed by a person living in the United States who made the fur or from whom you got it. The guaranty must include that person’s name and address and say the fur is not misbranded or falsely advertised or invoiced. The guaranty can be a separate paper for that item (even on the invoice) or a continuing guaranty filed with the Commission in the form the Commission sets. It is illegal to give a false guaranty when you know the falsely guaranteed fur might be sold, moved, or distributed. A person who relied on a good-faith guaranty signed by the U.S. maker or supplier is not treated as guilty. Giving a false guaranty is considered an unfair or deceptive business practice under the Federal Trade Commission Act.

Full Legal Text

Title 15, §69h

Commerce and Trade — Source: USLM XML via OLRC

(a)No person shall be guilty under section 69a 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 fur product or fur guaranteed was manufactured or from whom it was received, that said fur product is not misbranded or that said fur product or fur is not falsely advertised or invoiced under the provisions of this subchapter. Such guaranty shall be either (1) a separate guaranty specifically designating the fur product or fur guaranteed, in which case it may be on the invoice or other paper relating to such fur product or fur; or (2) a continuing guaranty filed with the Commission applicable to any fur product or fur handled by a guarantor, in such form as the Commission by rules and regulations may prescribe.
(b)It shall be unlawful for any person to furnish, with respect to any fur product or fur, 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 fur product or fur guaranteed was manufactured or from whom it was received) with reason to believe the fur product or fur falsely guaranteed may be introduced, sold, transported, or distributed in commerce, and any person who violates the provisions of this subsection is guilty of an unfair method of competition, and an unfair or deceptive act or practice, in commerce within the meaning of the Federal Trade Commission Act [15 U.S.C. 41 et seq.].

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

The Federal Trade Commission Act, referred to in subsec. (b), is defined in section 69 of this title.

Executive Documents

Transfer of Functions

For

Transfer of Functions

of Federal Trade Commission, with certain exceptions, to Chairman of such Commission, see Reorg. Plan No. 8 of 1950, § 1, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 1264, set out under section 41 of this title.

Reference

Citations & Metadata

Citation

15 U.S.C. § 69h

Title 15Commerce and Trade

Last Updated

Apr 3, 2026

Release point: 119-73not60