Section 9
Disqualification For Director
Any of the following persons shall not be eligible to be a director:

(a) Who is a paid employee of the Corporation, or

(b) Who has become insolvent, or  (c) Who is of unsound mind or is insane, or (d) Who is convicted by a court of a criminal offense involving moral turpitude, and sentenced to imprisonment, or (e) Who has obtained any contract in the transaction of the Corporation.