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Current as of October 02, 2022 | Updated by FindLaw Staff
(a) A guaranty or undertaking referred to in section 5(b)(2) of the act may be:
(1) Limited to a specific shipment or other delivery of an article, in which case it may be a part of or attached to the invoice or bill of sale covering such shipment of delivery; or
(2) General and continuing, in which case, in its application to any shipment or other delivery of an article, it shall be considered to have been given at the date such article was shipped or delivered, or caused to be shipped or delivered, by the person who gives the guaranty of undertaking.
(b) The following are suggested forms of guaranty or undertaking referred to in section 5(b)(2) of the act.
(1) Limited form for use on invoice or bill of sale.
(Name of person giving the guaranty or undertaking)
hereby guarantees that no article listed herein is misbranded within the meaning of the Federal Hazardous Substances Act.
(Signature and post-office address of person giving the guaranty or undertaking)
(2) General and continuing forms.
The article comprising each shipment or other delivery hereafter made by __________
(Name of person giving the guaranty or undertaking)
to, or on the order of ____
(Name and post-office address of person to whom the guaranty or undertaking is given)
is hereby guaranteed, as of the date of such shipment or delivery, to be, on such date, not misbranded within the meaning of the Federal Hazardous Substances Act.
(Signature and post-office address of person giving the guaranty or undertaking)
(c) The application of a guaranty or undertaking referred to in section 5(b)(2) of the act to any shipment or other delivery of an article shall expire when such article, after shipment or delivery by the person who gave such guaranty or undertaking, becomes misbranded within the meaning of the act.
Cite this article: FindLaw.com - Code of Federal Regulations Title 16. Commercial Practices § 1500.212.Definition of guaranty; suggested forms - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-16-commercial-practices/cfr-sect-16-1500-212/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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