A. If property at a public postsecondary education institution is leased to a nonprofit corporation or association for the purpose of holding a fundraising event, the lease may authorize and provide for the auction and sale of firearms at the event. B. Any such lease shall include at a minimum the following conditions: (1) The firearms to be auctioned are exhibited in a static display at the event. (2) Campus security is present at the event. (3) The event shall be held indoors. (4) The firearms to be auctioned are equipped with a safety lock or other safety feature that renders the firearm nonoperational.
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