Cal. Code Regs. tit. 16 § 3377

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 3377 - PRO-Rata Guarantee

Any guarantee or any advertisement of a guarantee which provides for adjustment on a pro-rata basis shall be deemed false and misleading unless the guarantee and/or the advertisement conspicuously and clearly discloses this fact and the basis on which the guarantee will be pro-rated, e.g., the time or mileage the part, component, or item repaired has been used and in what manner the guarantor will perform. If adjustments are based on a price other than that paid by the customer, clear disclosure must be made of the amount. However, a fictitious price must not be used even where the sum is adequately disclosed.

Cal. Code Regs. Tit. 16, § 3377

1. New NOTE filed 2-22-83; effective thirtieth day thereafter (Register 83, No. 9).

Note: Authority cited: Sections 9882 and 9884.19, Business and Professions Code. Reference: Sections 9884.19 and 17500, Business and Professions Code.

1. New NOTE filed 2-22-83; effective thirtieth day thereafter (Register 83, No. 9).