16 CFR 301.48a
§ 301.48a Guaranties not received in good faith.
United States · 16 CFR — Commercial Practices · Status: effective
Cite this
- Citation
- 16 CFR 301.48a, § 301.48a Guaranties not received in good faith, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/64165
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Full text
A guaranty shall not be deemed to have been received in good faith within the meaning of section 10(a) of the Act:
(a) Unless the recipient of such guaranty shall have examined the required label, required invoice and advertisement relating to the fur product or fur so guaranteed;
(b) If the recipient of the guaranty has knowledge that the fur or fur product guaranteed is misbranded, falsely invoiced or falsely advertised.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.