Members of the board of directors or the operating board may not:
1° Take or retain an interest in undertakings connected with the public service authority;
2° Hold a position in such undertakings;
3° Provide a service for such undertakings;
4° Lend their assistance to the public service authority for valuable consideration.
In the event of a breach of these prohibitions, the person concerned shall be stripped of his office either by the board of directors or the operating board at the behest of its chairman, or by the prefect acting on his own initiative or on a proposal from the mayor.