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All the assets, fixed and movable, personnel, records and facilities of the Bulacan National Agricultural School as well as liabilities or obligations, are hereby transferred to the College: Provided, however, That the positions, rights and security of tenure of personnel therein employed under existing laws prior to absorption by the College are not impaired: Provided, further, That the incumbents of the positions shall remain on the same status until otherwise provided for by the Board.
All parcels of land belonging to the government occupied by the Bulacan National Agricultural School are hereby declared the property of the Bulacan National Agricultural State College and shall be titled under that name: Provided, furthermore, That should the College cease to exist or be abolished or such parcels of land aforementioned be no longer needed by the College, the same shall revert to the Province of Bulacan.
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