Fundamental Change to Warranty Law: Consumer Warranties can be Posted onlineOn February 19, 2016 by Schnader
Recent changes to the federal statute governing warranties on consumer products will make it easier and more cost-effective for consumer product manufacturers and suppliers to satisfy the federally-mandated warranty notification requirements. On September 24, 2015, President Obama signed into law the E-Warranty Act of 2015. The E-Warranty Act amends the Magnuson-Moss Warranty Act of 1975, (the MMWA) modernizing the warranty notification requirements. It allows manufacturers and suppliers of retail products to publish the terms and conditions of consumer product warranties online rather than including the terms and conditions with the products themselves. The Federal Trade Commission (FTC) must issue rules no later than September 24, 2016 to reflect the terms of the E-Warranty Act.
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