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All assets, fixed and movable, personnel and records of the Tangub Agro-Industrial School, as well as liabilities or obligations, are hereby transferred to the State College: Provided, 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.
All parcels of land belonging to the government occupied by Tangub Agro-Industrial School are hereby declared the property of the Northwestern Mindanao State College of Science and Technology and shall be titled under that name: Provided, furthermore, That should the State College cease to exist or be abolished or such parcels of land aforementioned be no longer needed by the State College, the same shall revert to the City of Tangub.
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