Upon subscribing and swearing to the articles of incorporation, as provided in section 31 of this title, and upon submitting the two copies of the same to the Lieutenant Governor, together with the permit granted by the Banking Board authorizing the organization of the bank, and payment of the proper filing fee, and upon the issuance by the Lieutenant Governor, under his seal, of a certificate stating that the said articles containing the statements required by section 31 of this title have been filed in his office, the existence of the bank named in the said articles of incorporation shall begin. From and after the date of such filing said bank shall constitute a body corporate under the name set forth in the said articles, subject however, to dissolution as provided in this title. Before such bank may commence business it shall comply with the other requirements of this title, and all other applicable provisions of law.