Assets, Liabilities and Personnel.
Section 18
SEC. 18. Assets, Liabilities and Personnel. - All assets, real and personal, personnel and records of the SUNAS, as well as liabilities or obligations, are hereby transferred to the College. The positions, rights, and security of tenure of faculty members and personnel employed therein under existing laws prior to the integration into the College shall be respected. All parcels of land belonging to the government occupied by the SUNAS are hereby declared to the property of the College and shall 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 LGUs concerned.