Section 1
SECTION 1. Section 1 of Presidential Decree No. 674 is hereby amended to read as follows: "SECTION 1. The present College of Rizal and the Rizal Technical High School, all situated at the Province of Rizal, are hereby converted into the Rizal Technological Colleges (Province of Rizal-Meralco Foundation, Inc.), the same being organized as a nonstock, non-profit corporation, a chartered entity, hereinafter referred to in this decree as the Colleges. The Colleges shall be established, operated and maintained as hereunder provided, as a joint project and undertaking of the Provincial Government of Rizal and the Meralco Foundation, Inc."