(1) Authority and purpose. Pursuant to the supreme court's constitutional and statutory authority, there is hereby established an advisory committee on judicial ethics. The purpose of the committee is to provide guidance to judges about compliance with rules of court and statutes relating to the ethical and professional conduct of judges.
(2) Membership of Committee; Terms; Chair; Quorum. The committee shall consist of five persons, appointed by the supreme court, who are qualified to render advice on judicial ethics, including at least three judges or retired judges. No justice currently serving on the supreme court shall be a member of the committee. The members of the committee shall serve without compensation but shall be reimbursed for necessary expenses in