(a) To be qualified to serve as a director, a person must be at least 18 years old and:(1) a district resident;(2) an owner of real property in the district;(3) an owner of stock, whether beneficial or otherwise, of a corporate owner of real property in the district;(4) an owner of a beneficial interest in a trust that owns real property in the district; or(5) an agent, employee, or tenant of a person described by Subdivision (2), (3), or (4).(b) For purposes of this section, a person or entity that owns an interest in a general or limited partnership owning real property in the district or that has a lease of real property in the district with a remaining term of 10 years or more, excluding options, is considered to be an owner of real property. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.03, eff. April 1, 2009.