The usual bolt/nut engagement discussion here centers on how many threads of the bolt must project beyond the nut. A search on 'bolt projection' or similar will find a ton.
The typical question that triggers the discussion comes from someone who has a bolt or stud whose end is flush with the nut, and whoever bought the bolts or embedded the studs in concrete doesn't want to buy and install longer ones.
If your bolt is not getting at least flush with the far side of the nut, you don't _have_ a _structural_ connection.
For your particular unspecified situation, somewhere in the world, you can assume anything you like, but the risk is yours. Did you bet your house already?
Mike Halloran
Pembroke Pines, FL, USA