Hey someone better read all of 312.5c it says in the exceptions that nm sheathed cables must meet all the following conditions a-g....and b states that the raceway extends above the encloseure..So I called NC state board and they contend that no way can you have a race way under a panel with the wires not secured to the cabinet,meter socket or cutout box.George I don`t see how it passes 312.5c I hate it but I have had to change my wiring practices.It makes no sense to me.