Terms Used In New Jersey Statutes 27:25-24.2

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
2. The New Jersey Transit Corporation, the New Jersey Transit Rail Operations, Inc., and any of their successors and assigns who operate, manage, or develop the railroad system in this State shall not assert any defense of jurisdictional or substantive sovereign immunity with respect to any claim or cause of action arising under the “Federal Employers’ Liability Act” (45 U.S.C. § 51 et seq.), the “Railway Labor Act” (45 U.S.C. § 151 et seq.), the “Railroad Retirement Act of 1974” (45 U.S.C. § 231 et seq.), the “Railroad Retirement Tax Act” (26 U.S.C. § 3201 et seq.), the “Railroad Unemployment Insurance Act” (45 U.S.C. § 351 et seq.), the “Federal Railroad Safety Act” (49 U.S.C. § 20101 et seq.), and 49 C.F.R. § parts 200-272, asserted against any of those entities in State or federal court and, if such defense is found to be available, the defense shall be waived .

The New Jersey Transit Corporation, the New Jersey Transit Rail Operations, Inc., and any of their successors and assigns who operate, manage, or develop the railroad system in this State shall be subject to the provisions of the “Federal Employers’ Liability Act” (45 U.S.C. § 51 et seq.), the “Railway Labor Act” (45 U.S.C. § 151 et seq.), the “Railroad Retirement Act of 1974” (45 U.S.C. § 231 et seq.), the “Railroad Retirement Tax Act” (26 U.S.C. § 3201 et seq.), the “Railroad Unemployment Insurance Act” (45 U.S.C. § 351 et seq.), the “Federal Railroad Safety Act” (49 U.S.C. § 20101 et seq.), and 49 C.F.R. § parts 200-272.

L.2019, c.137, s.2.