(a) To sell or distribute bingo supplies or equipment to a licensed authorized organization one must be either:

1. (1) a licensed bingo supplier; or
2. (2) an organization, authorized within the preceding year to conduct bingo, that is merely disposing of supplies or equipment that it no longer needs for the conduct of bingo.

(b) A licensed supplier shall not agree to sell or distribute bingo supplies or equipment at less than fair market value.

The provisions of this section shall only be construed so as to authorize and permit an authorized organization to dispose of bingo supplies or equipment no longer required by it for the conduct of bingo.