The boards of directors created by Sections 73-14-18 through 73-14-32 N.M. Stat. Ann. shall consist of three directors from and representing that portion of the most populous county within the conservancy district, one director each from and representing those portions of each of the remaining counties within the conservancy district and one director from and representing the district at large; provided that each director:

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A. is a qualified elector of the conservancy district; and

B. resides within the conservancy district and the county from which he is elected or, if representing the district at large, resides within one of the four counties of the conservancy district.