(1) A board of bar examiners appointed by the supreme court is created. The board shall consist of 11 members as follows: 5 shall be members of the bar of this state, 3 shall be selected from the judiciary of this state and the faculty of the law schools of this state, and 3 shall be selected from the public at large. Members shall serve staggered terms. The initial term of a member is 3 years; a member may serve not more than one successive 3-year term. Each member shall serve until a successor is appointed and qualified. The board shall select its chairperson and any other officers. The members of the board shall serve without compensation but shall be paid their reasonable and necessary expenses incurred in the performance of their duties. (1m) A quorum of the board consists of a majority of members currently serving. (2) The board shall have general supervisory authority over the administration of SCR chapters 31 and 40. Each year the board shall submit its budget to the court for approval, together with an annual report of its activities to permit the supreme court, the bar and the public to evaluate its performance. (3) Administration of SCR Chapter 31 shall be funded by the state bar. Administration of SCR Chapter 40 shall be funded by applicant fees.
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