(1) A separate guaranty that specifically designates the product, fabric, or related material; or

(2) A continuing guaranty that:

(i) Is given by a seller to a buyer;

(ii) Applies to any product, fabric, or related material sold to the buyer; and

(iii) Is in the form the Department approves.

(b) A person may not manufacture, sell, or hold with intent to sell any new or unused product that does not comply with the flammability requirements of this subtitle.

(c) A person may not give a false guaranty.

(d) This section does not apply to a person who:

(1) Receives in good faith a product, fabric, or related material that is covered by a guaranty that is signed by and contains the name and address of the person who manufactured the product, fabric, or related material or from whom it was received;

(2) Has not altered the flammability of the product, fabric, or related material covered by the guaranty; and

(3) Reasonably and in good faith relies on the guaranty.