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The Associated Press June 28, 2010, 9:21AM ET

New Ind. consumer laws take effect next week

New consumer protection laws involving abandoned medical records and prevention of mortgage fraud take effect July 1.

One of the new Indiana laws requires the attorney general's office to secure abandoned health records, destroying them or returning them to their owners. Health care professionals who leave records unsecured can face fines.

Another new law requires any for-profit foreclosure consultant to register a surety bond with the attorney general's office and adds a criminal penalty for knowingly violating the state's foreclosure consultant law.

Appraisal management companies will need to be licensed and will be held to the same professional standards as appraisers under another new law.


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