Measure 95 simply exempts Universities from the provision that forbids state entities from owning stock. That part of the constitution conflicted with Senate Bill 270 (from 2013), which created the board and specifically enables universities to manage their own finances. Section 11, part (e) states that "A university with a governing board may":
(e) Purchase, receive, subscribe for or otherwise acquire, own, hold, vote, use, sell,
mortgage, lend, pledge, invest in or otherwise dispose of and deal in or with the shares, stock
or other equity or interests in or obligations of any other entity. The State of Oregon may
not have any proprietary or other interest in investments or funds referenced in this paragraph.