When the chief of the division of parks and watercraft issues a registration certificate under section 1547.54 of the Revised Code, the chief also shall provide to the owner of the registered watercraft a disclosure statement regarding the requirements and procedures established under section 1547.305 of the Revised Code.
The disclosure statement shall inform the owner that if the watercraft is left on private property of another without a valid service, repair, or storage contract, the watercraft may be rendered abandoned and subject to the process set forth in section 1547.305 of the Revised Code.