DeKALB REALTY COMPANY v. McCOLGAN

56678.

147 Ga. App. 696 (1978)

250 S.E.2d 29

DeKALB REALTY COMPANY v. McCOLGAN.

Court of Appeals of Georgia.

Decided October 23, 1978.


Attorney(s) appearing for the Case

Leonard N. Habif, Lenny Franco, for appellant.

B. J. Roberts, John C. McManus, for appellee.


DEEN, Presiding Judge.

A corporation and its president are in law entirely separate and distinct entities, even though the lease contract at issue is signed by the individual in his capacity of president of the corporation; absent allegations that the contract was executed because of fraud or collusion between the corporation and its officers, the corporate veil is not pierced and the corporation is not liable for the action of its officers in their individual capacities...

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