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15 U.S.C. § 3059 — Unfair or deceptive acts or practices

submitted 6 years ago by Pub. L. 116-260 to r/title-15-COMMERCE-AND-TRADE · 109 words · no verdicts yet

in plain englishAI-generated · not legal advice

A horse sale is an unfair or deceptive act if the seller knows the horse received an early bisphosphonate or another Authority-designated harmful substance or method and fails to disclose it. The rule covers covered horses and horses expected to enter covered races.

Selling a covered horse, or any other horse in anticipation of its future participation in a covered race, is an unfair or deceptive act or practice in or affecting commerce under section 45(a) if the seller (1) knows or has reason to know that the horse received (A) a bisphosphonate before its fourth birthday, or (B) another substance or method that the Authority determines has a long-term degrading effect on the covered horse’s soundness; and (2) fails to tell the buyer that the bisphosphonate or other substance or method was administered.

the actual law source: uscode.house.gov ↗public domain

The sale of a covered horse, or of any other horse in anticipation of its future participation in a covered race, shall be considered an unfair or deceptive act or practice in or affecting commerce under section 45(a) of this title if the seller—

(1)

knows or has reason to know the horse has been administered—

(A)

a bisphosphonate prior to the horse’s fourth birthday; or

(B)

any other substance or method the Authority determines has a long-term degrading effect on the soundness of the covered horse; and

(2)

fails to disclose to the buyer the administration of the bisphosphonate or other substance or method described in paragraph (1)(B).

Source credit: (Pub. L. 116–260, div. FF, title XII, § 1210, Dec. 27, 2020, 134 Stat. 3274.)

history & why it existsrecord from the source credit
  • 2020Enacted · Pub. L. 116-260 · 134 Stat. 3274

A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-260 on 2020-12-27.

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