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The Nicene Creed as approved by the Council of Constantinople in 381 A.D. included the following: "τὸ ἐκ τοῦ πατρὸς ἐκπορευόμενον (who proceeds from the father). About 200 years later. ....
California legislature added and its shareholders to Section 309a. 1987 Cal. Stats. Ch. 1203, § 2. According to Marsh's California Corporation Law: made no change in California law, California courts have always held the directors owe a fiduciary duty to the shareholders. ....