Section 19Sec./Art. 19

All assets, fixed and movable, personnel and records of the Rizal Technological Colleges in the City of Mandaluyong and its branches in the City of Pasig, in the Municipality of Antipolo in the Province of Rizal, and in the Municipality of Kawit in the Province of Cavite, as well as liabilities or obligations, are hereby transferred to the University: Provided, however, That the positions, rights and security of tenure of personnel employed therein under existing laws prior to the absorption by the University are not impaired: Provided, further, That the incumbent members of existing position shall remain in the same status until otherwise provided by the Board.

All parcels of land belonging to the government and occupied by the Rizal Technological Colleges in the City of Mandaluyong and its existing branches and those previously titled under the name of the Rizal Technological Colleges are hereby declared to be the property of the Rizal Technological University and shall be titled under that name: Provided, finally, That should the University cease to exist or be abolished or should such parcels of land aforementioned be no longer needed by the University, the same shall revert to the provinces, municipalities or cities where they are located.