(a) Members of the board must be members of the general public.
(b) A person is not eligible for appointment to the board if the person or the person's spouse:
(1) is employed by or participates in the management of a business entity or other organization regulated by the board or receiving funds from the board;
(2) owns, controls, or has, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by the board or receiving funds from the board; or
(3) uses or receives a substantial amount of tangible goods, services, or funds from the board.
(c) Subsection (b)(1) does not apply to an employee of a political subdivision of this state.
(d) A person is not eligible for appointment to the board if the person served on the board on or before January 1, 2013.