(a) “Consumer contract”, which includes writings required to complete the consumer transaction, means a written agreement in which a natural person:
(1) leases or licenses personal property or leases real property for residential purposes;
(2) obtains credit;
(3) obtains personal insurance coverage;
(4) borrows money;
(5) purchases personal property; or
(6) contracts for services, including professional services, for cash, or on credit; and the credit, money, property or services are obtained for personal, family or household purposes.
(b) “Primary regulator” means a territorial agency or person that has licensing or general regulatory authority over a creditor, seller, insurer or lessor. General business license authority shall not be considered the primary regulator, unless no other territorial agency has regulatory authority.