Section 18Sec./Art. 18

Assets, Liabilities and Personnel. All assets, real and personal, personnel and records of the Central Visayas Polytechnic College, as well as liabilities or obligations, are hereby transferred to the University. The positions, rights and security of tenure of the Faculty members and personnel therein employed under existing laws shall be respected.

All parcels of land belonging to the government and occupied by the CVPC, the Genaro Goi Memorial College, the Siaton Community College, and the Mabinay Institute of Technology, are hereby declared to be property of the Negros Oriental State University, and shall be titled under that name: Provided, that should the University cease to exist or be abolished or should such parcels of land aforementioned be no longer needed by the University, the same shall revert to the LGU concerned.