> UC does not really have IP rights under the CA Constitution.
Yes, it does. IP is a subset of personal property (more specifically, a subset of intangible personal property) and the Regents of the University of California have the "power to take and hold, either by purchase or by donation, or gift, testamentary or otherwise, or in any other manner, without restriction, all real and personal property for the benefit of the university or incidentally to its conduct". Art. IX, Sec. 9(f). [0]