Any of the following persons shall not be eligible to be appointed to the office of director:
(a) Who is below 21 years of age, or
(b) Who is of unsound mind or is insane; or
(c) Who is a declared insolvent; or
(d) Who is dismissed, with generally be disqualified for the government service in the future; or
(e) Who is convicted by a court of a criminal offense involving moral turpitude; or
(f) Who has personal interest of any kind in any contract or transaction of the Corporation; or
(g) Who is an incumbent employee of the Corporation.
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