(a) A person is not eligible to serve as a member of the board if the person:
(1) is a member of the faculty or board of trustees of a chiropractic school or a doctor of chiropractic degree program;
(2) is a stockholder in a chiropractic school or college; or
(3) has a financial interest in a chiropractic school or college.
(b) A person is not eligible for appointment as a public member of the board if the person or the person's spouse:
(1) is registered, certified, or licensed by an occupational regulatory agency in the field of health care;
(2) is employed by or participates in the management of a business entity or other organization regulated by or receiving funds from the board;
(3) owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by or receiving funds from the board; or
(4) uses or receives a substantial amount of tangible goods, services, or funds from the board, other than compensation or reimbursement authorized by law for board membership, attendance, or expenses.