A director is disqualified from serving as a director if:
(1) the director is a member or is appointed or elected as a member of the governing body of another political subdivision;
(2) the director does not:
(A) meet the eligibility requirements under Section 7201.072;
(B) file a campaign treasurer appointment form required under Section 7201.055(b)(3); or
(C) file each report required under Section 7201.055(b)(4); or
(3) the board determines a relationship or employment exists to which Section 49.052, Water Code, applies.