Except for fire pumps and maybe MV, the only references in the NEC are suggestions in informational notes, and therefore doubly unenforceable.
:happyno:
647.4
(D) Voltage Drop. The voltage drop on any branch circuit
shall not exceed 1.5 percent. The combined voltage drop of
feeder and branch-circuit conductors shall not exceed
2.5 percent.
(1) Fixed Equipment. The voltage drop on branch circuits
supplying equipment connected using wiring methods in
Chapter 3 shall not exceed 1.5 percent. The combined voltage
drop of feeder and branch-circuit conductors shall not
exceed 2.5 percent.
(2) Cord-Connected Equipment. The voltage drop on
branch circuits supplying receptacles shall not exceed
1 percent. For the purposes of making this calculation, the
load connected to the receptacle outlet shall be considered
to be 50 percent of the branch-circuit rating. The combined
voltage drop of feeder and branch-circuit conductors shall
not exceed 2.0 percent.