[Code of Federal Regulations]
[Title 16, Volume 1]
[Revised as of January 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 16CFR301.48]

[Page 219]
 
                     TITLE 16--COMMERCIAL PRACTICES
 
                   CHAPTER I--FEDERAL TRADE COMMISSION
 
PART 301_RULES AND REGULATIONS UNDER FUR PRODUCTS LABELING ACT--Table 
of Contents
 
Sec. 301.48  Continuing guaranty filed with Federal Trade Commission.

    (a)(1) Under section 10 of the Act any person residing in the United 
States and handling fur or fur products may file a continuing guaranty 
with the Federal Trade Commission. When filed with the Commission a 
continuing guaranty shall be fully executed in duplicate. Forms for use 
in preparing continuing guaranties shall be supplied by the Commission 
upon request.
    (2) Continuing guaranties filed with the Commission shall continue 
in effect until revoked. The guarantor shall promptly report any change 
in business status to the Commission.
    (3) The prescribed form for a continuing guaranty is found in Sec. 
303.38(b) of this chapter. The form is available upon request from the 
Textile Section, Enforcement Division, Federal Trade Commission, 600 
Pennsylvania Avenue, NW, Washington, DC 20580.
    (b) Any person who has a continuing guaranty on file with the 
Commission may, during the effective date of the guaranty, give notice 
of such fact by setting forth on the invoice or other paper covering the 
marketing or handling of the product guaranteed the following: 
``Continuing guaranty under the Fur Products Labeling Act filed with the 
Federal Trade Commission.''
    (c) Any person who falsely represents in writing that he has a 
continuing guaranty on file with the Federal Trade Commission when such 
is not a fact shall be deemed to have furnished a false guaranty under 
section 10(b) of the Act.

[26 FR 3188, Apr. 14, 1961, as amended at 48 FR 12517, Mar. 25, 1983; 63 
FR 7517, Feb. 13, 1998; 63 FR 71583, Dec. 28, 1998]