“Aquatic life farm” means property: (i) containing any or a combination of levee ponds, a strip mine lake, or other type of lake that has floating cages, raceways, or other aquatic life rearing equipment and (ii) where the owner of the aquatic life farm has posted a conspicuous written notice to that effect. If more than one person owns or has title to the lake, “aquatic life farm” means the area of the lake containing the floating cages, raceways, or other aquatic life rearing equipment.