Supreme Court Decision Syllabus (scotus)

Send a textIn 1979, the New Jersey Legislature created the New Jersey Transit Corporation (NJ Transit) as a “body corporate and politic with corporatesuccession” and constituted it as an “instrumentality of the State exercising public and essential governmental functions” but “independent of any supervision or control” by the New Jersey Department ofTransportation. N. J. Stat. §27:25–4(a). The State gave NJ Transitsignificant authority, including the power to make bylaws, sue and besued, make contracts, acquire property, raise funds, own corporate entities, adopt regulations, and exercise eminent domain powers.§§27:25–5, 27:25–13. NJ Transit’s organic statute provides that “[n]odebt or liability of the corporation shall . . . constitute a debt [or] liability of the State,” and that “[a]ll expenses . . . shall be payable fromfunds available to the corporation.” §27:25–17. NJ Transit is governedby a board of directors (Board). §27:25–4(b). The Governor may remove Board members and may veto Board actions; the Le