Pennsylvania Statutes Title 71 P.S. State Government § 733-720. Leases for property

The secretary may, without leave of court, enter into leases for real or personal property belonging to the institution of which he is in possession as receiver, for a period not to exceed one year. He may, with leave of court, enter into such leases for a period not to exceed ten years, upon the terms and under the conditions prescribed by the order of the court.

The court shall not require advertisement or notice of leases entered into upon its order, except where special circumstances shall appear to require such action in order to protect the interests of the estate.