Ohio Code § 1105.11
Ohio Code § 1105.11. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1105.11.
(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 provision. (B) Nothing in this section shall be construed to deprive a director of the defenses
set forth in section 1701.59 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1105.11
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1105.11?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1105.11 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1105.11 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.