Section 6
SEC. 6. The funds, obligations and the assets of all kinds of the present Province of Davao subsisting at the time of the effectivity of the creation of the three provinces herein created shall be distributed among the three provinces proportionately with the income of the municipalities comprising the same: Provided, however, That if the obligation had been contracted to finance a project belonging to any one of the three provinces, the said province shall be responsible exclusively for such obligation.