Section 24Sec./Art. 24

All assets, fixed and movable, personnel and records as well as liabilities and obligations of the Medina Lacson de Leon School of Arts and Trades and the Bataan Community Colleges, except those belonging to or to be used by the high schools, are hereby transferred to the State College: Provided, however, That the positions, rights and security of tenure of personnel therein employed under existing laws prior to absorption by the State College are not impaired: Provided, further, That the incumbents of the positions shall remain in the same status until otherwise provided for by the Board: and Provided, furthermore, That personnel who have attained retirement age, may retire under existing laws: Provided, finally, That in case of vacancies, local residents shall be given preference in the hiring of personnel.

All parcels of land belonging to the government occupied by the Medina Lacson de Leon School of Arts and Trades and the Bataan Community Colleges are hereby declared to be the property of the Bataan Polytechnic State College and shall be titled under that name: Provided, That should the State College cease to exist or be abolished or should such parcels of land aforementioned be no longer needed by the State College, the same shall revert to the Province of Bataan.