3 ms·

No reads like a list where each clause there is separate so being a director or officer would be a disqualified person.

• argonaut 5y ago
  That does not make sense. Then the clause would disqualify "an officer" of anything.
  • rtkwe 5y ago
    No only owning shares in their IRA of the company they're directly an officer in. It's limited in scope to essentially people with significant control in a corporation.