Section 16Sec./Art. 16

All the assets, fixed and movable, personnel and records of the Ramon Magsaysay Polytechnic College, the Western Luzon Agricultural College and the Candelaria School of Fisheries, except those belonging to or used by the high schools, as well as liabilities or obligations, are hereby transferred to the University: Provided, however, That the positions, rights and security of tenure of personnel therein employed under existing laws prior to the absorption by the University are not impaired: Provided, further, That the incumbents of such positions shall remain in the same status until otherwise provided for by the Board.