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406.4(E) Receptacles in Countertops and Similar Work Surfaces in Dwelling Units. Receptacles shall not be installed in a face-up position in countertops or similar work surfaces.
haha... Oh man, the difference a little context makes! I don't do much residential work and had always read this as "install on the wall with the ground-prong-up (EG 'smiley face' upside down)". Why would anyone even THINK of placing a receptacle face-up on a countertop?

As to the location of the receptacle- placement can be dependant on the stove. Some stoves have more or less space than others- you almost have to know what particular stove is going to be installed to make sure you put the receptacle in the right place. Considering the amount of grease and boiling water and all else that will be spilled off that stove in its lifetime, placing the receptacle on the floor sounds like a BAD idea, regardless of whether or not the code specifically prohibits it.

[This message has been edited by SteveFehr (edited 07-03-2006).]