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All assets, fixed and movable, personnel and records of the J. H. Cerilles Polytechnic College except those belonging to or to be used by the high 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 employed therein under existing laws prior to its conversion into a State College are not impaired: Provided, further, That the incumbents of existing positions shall remain in the same status until otherwise provided by the Board.
All parcels of land belonging to the government and occupied by the J. H. Cerilles Polytechnic College are hereby declared to be the property of the J. H. Cerilles State College and shall be titled under its name: Provided, That should the College cease to exist or be abolished or should such parcels of land aforementioned be no longer needed by the College, the same shall revert to the Province of Zamboanga del Sur.
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