Section 5-10.3-2-0.4 - Validation of certain board actions(a) If the board, the state, or a political subdivision denied, after December 31, 1986, an employee of the state or the political subdivision who was sixty (60) years of age or older the option not to join the fund, the denial is validated.(b) Actions taken by the board before March 5, 1988, that would have been valid under IC 5-10.3-7-3(a), as amended by P.L. 46-1988, are validated.Added by P.L. 220-2011, SEC. 78, eff. 7/1/2011.