This "stainless" bolt went through a steel rack, the floor of the fiberglass utility body, and the frame. The head of the bolt and the rack were "indoors", while the threads of the bolt and the frame were exposed to the weather and road salt. The thin part of the bolt was surrounded by the fiberglass floor of the utility body.
The bolt is mildly magnetic, so we have the "dissimilar metals" issues between it and the steel of the rack and the steel of the frame. The visible ends of the bolt looked healthy. The thin area was invisible until I removed the bolt.
Scary to think what would have happened if this had broken from hitting a bump while the rack was loaded with hundreds of pounds of gear.
I'm sure you folks have pictures of scary hidden electrolysis &/or corrosion. If you care to share them, I'm wondering what else I might be missing...