Section 18Sec./Art. 18

Assets, Liabilities and Personnel. All assets, real and personal, personnel and records of the Eastern Samar State College and the Maydolong National Agricultural School, as well as liabilities or obligations, are hereby transferred to the University. The positions, rights and security of tenure of the personnel therein employed under existing laws shall be respected.

All parcel of land belonging to the government and occupied by the Eastern Samar State College and the Maydolong National Agricultural School are hereby declared to be property of the Eastern Samar State University, and be title 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 Province of Eastern Samar.