The conversion of an other entity to a Maryland corporation shall be completed on the later of: The incorporation of the Maryland corporation in accordance with Title 2 of this article; or The effectiveness of articles of conversion filed for record with the Department. The conversion of a Maryland corporation to an other entity shall be completed on the effectiveness of articles of conversion filed for record with the Department. Articles of conversion are effective on the later of: The time the Department accepts the articles of conversion for record; or The future effective time of the articles of conversion as set forth in articles of conversion that have been accepted by the Department for record. Except as provided in subparagraph (ii) of this paragraph, at the time the conversion of an other entity to a Maryland corporation is completed: The other entity shall be converted to a Maryland corporation; The conversion shall have the effects set forth in § 3–904 of this subtitle; and The corporation shall be subject to all of the provisions of the Maryland General Corporation Law. Notwithstanding § 2–102 of this article, the existence of the Maryland corporation shall be deemed to have commenced on the date the other entity commenced its existence in the place in which the other entity was first incorporated, created, formed, or otherwise came into being. At the time the conversion of a Maryland corporation to an other entity is completed, the conversion shall have the effects set forth in § 3–904 of this subtitle.