[§88-45.5] Acceptance of rollovers and transfers from other plans. Subject to rules adopted by the board of trustees, the system shall accept an eligible rollover distribution or a direct transfer of funds from another qualified plan in payment of all or a portion of any deposit a member is permitted to make with the system for credit for service, including the conversion of class C credited service to class H credited service. The rules adopted by the board of trustees shall condition the acceptance of a rollover or transfer from another plan on the receipt from the other plan of information necessary to enable the system to determine the eligibility of any transferred funds for tax-free rollover treatment or other treatment under federal income tax law. [L 2004, c 179, §2]