Section 283: Disqualification for directorship.

The following persons shall be disqualified from being director—(a) an infant, that is, a person under the age of 18 years;
(b) a lunatic or person of unsound mind;
(c) a person suspended or removed under section 288 of this Act;
(d) a person disqualified under sections 279, 280, 284 of this Act; and
(e) a corporation other than its representative appointed to the board for a given term.