Section 18Sec./Art. 18

Assets, Liabilities and Personnel. -All assets, real and personal, personnel and records of the Northern Bukidnon Community College, as well as its liabilities or obligations, are hereby transferred to the College: Provided, That the positions, rights and security of tenure of the academic staff and personnel therein employed under existing laws prior to the conversion of the Northern Bukidnon Community College into a State College shall be respected: Provided, finally, That the College shall also accordingly upgrade or increase its human resource component.

All parcels of land belonging to the government occupied by the Northern Bukidnon Community College are hereby declared the property of the College and shall be titled under its name: Provided, That should the College cease to exist or be abolished or would no longer need such aforementioned parcels of land, the title to said parcels of land shall be transferred to the local government of Manolo Fortich, Province of Bukidnon.