New Jersey § 58:1b-4

§ 58:1b-4.

a. There is established in but not of the Department of Environmental Protection a

public body corporate and politic, with corporate succession, to be known as the “New

Jersey Water Supply Authority.” The authority is hereby constituted as an instrumentality of the State exercising

public and essential governmental functions. b. The authority shall consist of the Commissioner of Environmental Protection, who

shall be a member ex officio with full voting rights, and six public members appointed

by the Governor with the advice and consent of the Senate for terms of 3 years; provided

that of the members of the authority first appointed by the Governor, two shall serve

for terms of 1 year, two shall serve for terms of 2 years, and two shall serve for

terms of 3 years, of whom two shall be recognized experts in the fields of water resource

management and distribution, and public finance, respectively. The remaining public members appointed by the Governor shall represent the following:

the agricultural community, industrial water users, residential water users and private

watershed associations. Each member shall hold office for the term of his appointment and until his successor

shall have been appointed and qualified. A member shall be eligible for reappointment. Any vacancy in the membership occurring other than by expiration of term shall be

filled in the same manner as the original appointment but for the unexpired term only. c. Each appointed member may be removed from office by the Governor, for cause, after

a public hearing, and may be suspended by the Governor pending the completion of the

hearing. Each member before entering upon his duties shall take and subscribe an oath to

perform the duties of his office faithfully, impartially and justly to the best of

his ability. A record of these oaths shall be filed in the office of the Secretary of State. d. The chairman, who shall be the chief executive officer of the authority, shall

be the Commissioner of Environmental Protection, and the members of the authority

shall elect one of their number as vice chairman thereof. The authority shall elect a secretary and a treasurer who need not be members, and

the same person may be elected to serve both as secretary and treasurer. The powers of the authority shall be vested in the members thereof in office from

time to time and four members of the authority shall constitute a quorum at any meeting

thereof. Action may be taken and motions and resolutions adopted by the authority at any

meeting thereof by the affirmative vote of at least four members of the authority. No vacancy in the membership of the authority shall impair the right of a quorum

of the members to exercise all the powers and perform all the duties of the authority. e. No resolution or other action of the authority providing for the issuance of bonds

or the refunding of bonds shall be adopted or otherwise made effective by the authority

without the prior approval, in writing, of the Governor and of the State Treasurer

or the Comptroller of the Treasury. A true copy of the minutes of every meeting of the authority shall be prepared and

forthwith delivered to the Governor. No action taken at such meeting by the authority shall have effect until 10 days,

exclusive of Saturdays, Sundays and public holidays, after the copy of the minutes

has been so delivered. If, in this 10-day period, the Governor returns the copy of the minutes with a veto

of any action taken by the authority at that meeting, the action shall be of no effect. f. Each member and the treasurer of the authority shall execute a bond to be conditioned

upon the faithful performance of the duties of the member or treasurer, as the case

may be, in a form and amount as may be prescribed by the Comptroller of the Treasury. The bonds shall be filed in the office of the Secretary of State. At all times thereafter the members and treasurer of the authority shall maintain

these bonds in full force. The costs of the bonds shall be borne by the authority. g. The members of the authority shall serve without compensation, but the authority

shall reimburse its members for actual expenses necessarily incurred in the discharge

of their duties. No officer or employee of the State shall be deemed to have forfeited or shall forfeit

his office or employment or any benefits or emoluments thereof by reason of his acceptance

of the office of ex officio member of the authority. h. The Commissioner of Environmental Protection may designate an officer or employee

of the department to represent him at meetings of the authority, and the designee

may lawfully vote and otherwise act on behalf of the commissioner. The designation shall be in writing delivered to the authority and shall continue

in effect until revoked or amended by writing delivered to the authority. i. The authority may be dissolved by act of the Legislature on condition that the

authority has no debts or obligations outstanding or that provision has been made

for the payment or retirement of debts or obligations. Upon a dissolution of the authority all property, funds and assets thereof shall

be vested in the State.