The practitioner of banking law who does not specialize in financial i
nstitution insurance will be grateful for this overview of the Financi
al Institution Bond, Standard Form No. 24, revised to January 1986-the
most readily available form of protection against perils particular t
o financial institutions. The key provisions of this highly specialize
d, technical, two-party contract are lucidly explained by means of app
ropriate reference to and analysis of significant recent judicial deci
sions interpreting each of the key provisions of the Financial Institu
tion Bond.