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(a) “Consumer contract”, which includes writings required to complete the consumer transaction, means a written agreement in which a natural person:
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(1) leases or licenses personal property or leases real property for residential purposes;
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(2) obtains credit;
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(3) obtains personal insurance coverage;
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(4) borrows money;
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(5) purchases personal property; or
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(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.
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(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.