251a

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