The purposes of this chapter are to:

1. (1) fulfill the requirements to be met by the state under the federal Abandoned Shipwreck Act of 1987; and

2. (2) provide special protection in perpetuity for abandoned property and features and formations in:

   1. (A) Lake Michigan; or

   2. (B) the Ohio River;

      that have historical, archeological, recreational, ecological, geological, environmental, educational, scenic, or scientific value.

As added by P.L.125-2025, SEC.7.