All powers, rights, privileges, duties and obligations, statutory, contractual or otherwise, of the institutions or their predecessors and their respective council of trustees and officers, heretofore existing and not otherwise changed or repealed by this act, shall continue in full force and effect.
1949, March 10, P.L. 30, art. XX-A, § 2016-A, added 1982, Nov. 12, P.L. 660, No. 188, § 2, effective 7/1/1983.