1. Membership. The New Ventures Maine Advisory Council, established by Title 5, section 12004‑I, subsection 54, and in this chapter referred to as "the council," is composed of the following individuals:
A. The Chancellor of the University of Maine System or the chancellor's designee; and
B. Fifteen individuals appointed by the Governor who have experience with the problems of displaced homemakers entering, reentering or retraining for the paid workforce or starting a small business. The council shall elect a chair from among its members.
2. Responsibility. The council shall advise the Chancellor of the University of Maine System on formulating policies related to the administration of this chapter.