16 CFR 500.11 – Measurement of commodity length, how expressed
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Declaration of net quantity in terms of yards, feet, and inches shall be expressed as follows:
Terms Used In 16 CFR 500.11
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(a) If less than 1 foot, in terms of inches and fractions thereof.
(b) If 1 foot or more, in terms of the largest whole unit (a yard or foot) with any remainder in terms of inches or common or decimal fractions of the foot or yard, except that it shall be optional to express the length in the preceding manner followed by a statement of the length in terms of inches.