Ohio Statutes
§ 1105.11 — Personal liability
Ohio § 1105.11
This text of Ohio § 1105.11 (Personal liability) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 1105.11 (2026).
Text
(A)A director, officer, employee, or other institution-affiliated party of a bank shall not be personally and individually liable for direct or indirect damages the bank, its shareholders or members, or any other person sustains in consequence of a violation of or failure to comply with any provision of Chapters 1101. to 1127. of the Revised Code or the rules adopted under those chapters, including any civil money penalties, unless it can be shown that the director, officer, employee, or other institution-affiliated party knowingly violated or failed to comply with that provision of law or, with respect to a director's liability, that the director knowingly permitted any of the officers, employees, or other institution-affiliated parties to violate or fail to comply with any such provisio
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Legislative History
Effective: January 1, 2018 | Latest Legislation: House Bill 49 - 132nd General Assembly
Nearby Sections
8
§ 1105.02
Qualifications of board members§ 1105.03
Director oath§ 1105.07
Bylaws§ 1105.08
Board and committee meetings§ 1105.10
Removing director; vacancy§ 1105.11
Personal liabilityCite This Page — Counsel Stack
Bluebook (online)
Ohio § 1105.11, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1105.11.