15 U.S.C. § 2056 — Consumer product safety standards

(a) The Commission^* may issue consumer-product safety standards under section 2058. A standard may require: (1) specified performance; or (2) clear and adequate warnings or instructions on or accompanying a product, or a specified warning or instruction format. Every requirement must be reasonably necessary to prevent or reduce an unreasonable injury risk from the product. (b)(1) The Commission must use voluntary safety standards instead of issuing a mandatory standard with subsection (a) requirements when following the voluntary standards would eliminate or adequately reduce the addressed injury risk and substantial compliance is likely. (2) It must create procedures to monitor compliance with voluntary standards on which it relied, whose development involved the Commission, or whose development it monitored. (c) If a person works with the Commission to develop a standard, the Commission may agree to pay part of that person’s participation cost when it finds the payment likely to produce a better standard and the person financially responsible. Commission regulations must identify allowable cost items and may not allow payment for land or buildings. Payments under these agreements may be made without regard to title 31 section 3324(a) and (b).