Two offices with fifteen 20 amp recepticals, the circuit are run in a 2" emt to a 4 X 4 wireway then down to outlets. This is a question about de-rating, the conductors are #12 thhn there are 31 wires in the 2 conduit. looking at the table 310.15(B)(2)(a) 31-40 wires they can only carry 40% of their rated load. That would mean they can only carry 8 amps, and not be connected to a 20 amp circuit breaker. would this be a code violation