US LAWS, STATUTES & CODES ON-LINE

US Supreme Court Decisions On-Line | US Laws



§ 5401. —  Findings.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC5401]

 
                      TITLE 15--COMMERCE AND TRADE
 
                          CHAPTER 80--FASTENERS
 
Sec. 5401. Findings

    The Congress finds that--
        (1) the United States fastener industry is a significant 
    contributor to the global economy, employing thousands of workers in 
    hundreds of communities;
        (2) the American economy uses billions of fasteners each year;
        (3) state-of-the-art manufacturing and improved quality 
    assurance systems have dramatically improved fastener quality, so 
    virtually all fasteners sold in commerce meet or exceed the 
    consensus standards for the uses to which they are applied;
        (4) a small number of mismarked, misrepresented, and counterfeit 
    fasteners do enter commerce in the United States; and
        (5) multiple criteria for the identification of fasteners exist, 
    including grade identification markings and manufacturer's insignia, 
    to enable purchasers and users of fasteners to accurately evaluate 
    the characteristics of individual fasteners.

(Pub. L. 101-592, Sec. 2, Nov. 16, 1990, 104 Stat. 2943; Pub. L. 104-
113, Sec. 11(a), Mar. 7, 1996, 110 Stat. 780; Pub. L. 106-34, Sec. 2, 
June 8, 1999, 113 Stat. 118.)


                               Amendments

    1999--Pub. L. 106-34 amended section generally. Prior to amendment, 
section consisted of subsecs. (a) and (b) stating findings of Congress 
and purpose of this chapter.
    1996--Subsec. (a)(4) to (6). Pub. L. 104-113, Sec. 11(a)(1), 
redesignated pars. (5) to (7) as (4) to (6), respectively, and struck 
out former par. (4) which read as follows: ``the sale in commerce of 
nonconforming fasteners and the use of nonconforming fasteners in 
numerous critical applications have reduced the combat readiness of the 
Nation's military forces, endangered the safety of other Federal 
projects and activities, and cost both the public and private sectors 
large sums in connection with the retesting and purging of fastener 
inventories;''.
    Subsec. (a)(7). Pub. L. 104-113, Sec. 11(a)(2), struck out ``by lot 
number'' after ``traceability''.
    Pub. L. 104-113, Sec. 11(a)(1), redesignated par. (8) as (7). Former 
par. (7) redesignated (6).
    Subsec. (a)(8), (9). Pub. L. 104-113, Sec. 11(a)(1), redesignated 
par. (9) as (8). Former par. (8) redesignated (7).
    Subsec. (b). Pub. L. 104-113, Sec. 11(a)(3), substituted ``in 
commerce'' for ``used in critical applications''.


                      Short Title of 1999 Amendment

    Pub. L. 106-34, Sec. 1, June 8, 1999, 113 Stat. 118, provided that: 
``This Act [enacting sections 5403, 5411a, and 5411b of this title, 
amending this section and sections 5402 and 5407 to 5411 of this title, 
repealing sections 5404 to 5406, 5412, and 5414 of this title, and 
enacting provisions set out as notes under sections 5402 and 5403 of 
this title] may be cited as the `Fastener Quality Act Amendments Act of 
1999'.''


                               Short Title

    Section 1 of Pub. L. 101-592 provided that: ``This Act [enacting 
this chapter] may be cited as the `Fastener Quality Act'.''



chanrobles.com.Com


ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com