---
kind: "section"
citation: "15 U.S.C. § 68g"
title: "15"
title_heading: "Commerce and Trade"
number: "68g"
heading: "Guaranty"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/68g"
units:
  - "Chapter 2 — Federal Trade Commission; Promotion of Export Trade and Prevention of Unfair Methods of Competition"
  - "Subchapter III — Labeling of Wool Products"
---

# §68g. Guaranty

- (a) **Avoidance of liability; requirements—** No [person](/usc/15/68.md?p=a) shall be guilty under [section 68a of this title](/usc/15/68a.md) if he establishes a guaranty received in good faith signed by and containing the name and address of the [person](/usc/15/68.md?p=a) residing in the United States by whom the [wool product](/usc/15/68.md?p=d) guaranteed was manufactured and/or from whom it was received, that said [wool product](/usc/15/68.md?p=d) is not misbranded under the provisions of this subchapter.

  Said guaranty shall be either (1) a separate guaranty specifically designating the [wool product](/usc/15/68.md?p=d) guaranteed, in which case it may be on the invoice or other paper relating to said [wool product](/usc/15/68.md?p=d); or (2) a continuing guaranty filed with the [Commission](/usc/15/68.md?p=e) applicable to all [wool products](/usc/15/68.md?p=d) handled by a guarantor in such form as the [Commission](/usc/15/68.md?p=e) by rules and regulations may prescribe.

- (b) **Furnishing false guaranty—** Any [person](/usc/15/68.md?p=a) who furnishes a false guaranty, except a [person](/usc/15/68.md?p=a) relying upon a guaranty to the same effect received in good faith signed by and containing the name and address of the [person](/usc/15/68.md?p=a) residing in the United States by whom the [wool product](/usc/15/68.md?p=d) guaranteed was manufactured and/or from whom it was received, with reason to believe the [wool product](/usc/15/68.md?p=d) falsely guaranteed may be introduced, sold, transported, or distributed in [commerce](/usc/15/68.md?p=g), is guilty of an unfair method of competition, and an unfair and deceptive act or practice, in [commerce](/usc/15/68.md?p=g) within the meaning of the [Federal Trade Commission Act](/usc/15/68.md?p=f).

## Source credit

(Oct. 14, 1940, ch. 871, § 9, 54 Stat. 1132.)

## Notes

### 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.