1547.721 Watercraft revolving loan program definitions. - Ohio Statutes

1547.721 Watercraft revolving loan program definitions.

As used in sections 1547.721 to 1547.726 of the Revised Code:

(A) “Eligible project” means a project that involves the acquisition, construction, establishment, reconstruction, rehabilitation, renovation, enlargement, improvement, equipping, furnishing, or development of either of the following:

(1) Marine recreational facilities;

(2) Refuge harbors and other projects for the harboring, mooring, docking, launching, and storing of light draft vessels.

(B) “Marine recreational facilities,” “refuge harbors,” “light draft vessels,” and “allowable costs” have the meanings established in rules adopted under section 1547.723 of the Revised Code.

(C) “Revolving loan program” means the loan program established under sections 1547.721 to 1547.726 of the Revised Code.

(D) “State agency” has the same meaning as in section 9.66 of the Revised Code.

Effective Date: 09-29-2005