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There shall be in the City of Berkeley an elected Rent Stabilization Board. The Board shall consist of nine elected Commissioners. The Board shall elect annually one of its members to serve as Chairperson.

(1) Eligibility. Residents who are duly qualified electors of Berkeley are eligible to serve as Commissioners of the Board.

(2) Full Disclosure of Holdings. Candidates for the position of Commissioner shall fulfill the requirements as set forth in this Charter in Article III, Sec. 6 1/2.

In addition, when filing nomination papers, candidates shall submit a verified statement of their interests and dealings in real property, including but not limited to its ownership, sale or management and investment in and association with partnerships, corporations, joint ventures and syndicates engaged in its ownership, sale or management during the previous three years.

(3) Conflict of Interest. Commissioners shall be subject to the requirements of the California Political Reform Act and other applicable state and local conflict of interest codes.