My barbecue wouldn't light when my BIL tried to start it.
He assumed that the tank valve was stuck closed.
So he got out a pipe wrench to open it.
Of course, the tank was empty, and the valve was full open and backseated.
The valve is still backseated and the tank is empty, and nobody can close the valve.
I don't know about an industry rule, but I've adopted the habit of fully seating (globe) valves to close them, as is required, and of slacking them away from the backseat a bit after opening them fully. So I can grab the valve handle and know instantly that it's open if it moves easily, and it's most likely closed if it doesn't move easily.
WRT a gate valve, I wouldn't back off the wheel after seating the valve in the closed position, for fear that the gate might wiggle loose later, but I would slack the wheel after backseating the valve in the open position, again just so I can easily distinguish open|closed|stuck.
Mike Halloran
Pembroke Pines, FL, USA