(1) The administrator may not sell a medal or decoration awarded for military service in the armed forces of the United States.
(2) The administrator, with the consent of the respective organization under Subsection (2)(a), agency under Subsection (2)(b), or entity under Subsection (2)(c), may deliver a medal or decoration described in Subsection (1), to be held in custody for the owner, to:
(a) a military veterans organization qualified under 26 U.S.C. Sec. 501(c)(19);
(b) the agency that awarded the medal or decoration; or
(c) a governmental entity.
(3) On delivery under Subsection (2), the administrator is not responsible for safekeeping the medal or decoration.