I.-The representatives referred to in articles L. 713-1 and L. 713-2 must hold office in the company either as chairman and chief executive officer, chairman or member of the board of directors, chief executive officer, chairman or member of the management board, chairman of the supervisory board, manager, chairman or member of the board of directors or director of a public industrial and commercial establishment, or, failing this and in order to represent them as an agent, hold office involving commercial, technical or administrative management responsibilities in the company or establishment.
II.In order to take part in the vote, the personal electors referred to in 1° of II of Article L. 713-1 and the representatives of the natural or legal persons referred to in 2° of II of the same article must:
1° Meet the conditions set out in Article L. 2 of the Electoral Code, with the exception of nationality;
2° Not have been subject to the prohibition referred to in Article L. 6 of the Electoral Code;
3° Have not been subject for less than fifteen years from the day on which the decision pronouncing them became final, to personal bankruptcy or one of the prohibition or disqualification measures as provided for in Book VI of this Code, the n° 85-98 of 25 January 1985 relating to the receivership and liquidation of companies or the n° 67-563 of 13 July 1967 on judicial settlement, liquidation of assets, personal bankruptcy and bankruptcies;
4° Not be subject to a disqualification order, in accordance with the terms and conditions set out in Article 131-27 du code pénal, from exercising a commercial or industrial profession, or from directing, administering, managing or controlling in any capacity whatsoever, directly or indirectly, for their own account or for the account of another, a commercial or industrial enterprise or a commercial company ;
5° Not have been sentenced to penalties, disqualifications or sanctions imposed under foreign legislation equivalent to those referred to in 2°, 3° and 4°.