Section 509. Bonds and Insurance.--No administrative department, or independent administrative, departmental administrative, or advisory board or commission, shall contract for any bonds or insurance of any kind or description, except through the Department of Property and Supplies, as purchasing agency, except the Treasury Department, which may contract for insurance covering the securities of which it, or the State Treasurer, is custodian, as provided in the Fiscal Code.
Compiler's Note. Section 2(b) of Act 577 of 1955 provided that section 509 is repealed insofar as it authorizes the contracting of insurance for any department, board, agency, commission or authority of this Commonwealth through an insurance broker other than the Secretary of Property and Supplies.
Compiler's Note: Section 7 of Act 104 of 1937 provided that section 509 is repealed insofar as it relates to the Anatomical Board.