Section 9Sec./Art. 9

Assets, Liabilities and Personnel. -All assets, real and personal, personnel and records of the WVSU-Extension in Himamaylan, City, as well as liabilities or obligations, are hereby transferred to the WVSU-HCC. The positions, rights and security of tenure of faculty members and personnel therein employed under existing laws prior to the conversion into a regular campus shall be respected.

All parcels of land belonging to the government occupied by the WVSU-Extension in Himamaylan City are hereby transferred to the WVSU-HCC, and shall be titled under that name: Provided, That should the campus or the University cease to exist or be abolished or should such aforementioned parcels of land be no longer needed by the University, the same shall revert to the local government units concerned.