---
kind: "section"
citation: "15 U.S.C. § 70h"
title: "15"
title_heading: "Commerce and Trade"
number: "70h"
heading: "Guaranty"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/70h"
units:
  - "Chapter 2 — Federal Trade Commission; Promotion of Export Trade and Prevention of Unfair Methods of Competition"
  - "Subchapter V — Textile Fiber Products Identification"
---

# §70h. Guaranty

- (a) **Avoidance of liability; requirements—** No [person](/usc/15/70.md?p=a) shall be guilty of an unlawful act under [section 70a of this title](/usc/15/70a.md) if he establishes a guaranty received in good faith, signed by and containing the name and address of the [person](/usc/15/70.md?p=a) residing in the United States by whom the [textile fiber product](/usc/15/70.md?p=h) 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](/usc/15/70.md?p=h) 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](/usc/15/70.md?p=h) sold to or to be sold to buyer by seller in a form as the [Commission](/usc/15/70.md?p=j), by rules and regulations, may prescribe; or (3) a continuing guaranty filed with the [Commission](/usc/15/70.md?p=j) applicable to all [textile fiber products](/usc/15/70.md?p=h) handled by a guarantor in such form as the [Commission](/usc/15/70.md?p=j) by rules and regulations may prescribe.
- (b) **Furnishing false guaranty—** The furnishing of a false guaranty, except where the [person](/usc/15/70.md?p=a) 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](/usc/15/70.md?p=a) 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](/usc/15/70.md?p=k), within the meaning of the Federal Trade Commission Act [[15 U.S.C. 41](/usc/15/41.md) et seq.].

## Source credit

(Pub. L. 85–897, § 10, Sept. 2, 1958, 72 Stat. 1722.)

## Notes

### Editorial Notes

### References in Text

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