Scott,
I think you are mixing up your sentence structure and putting your clarifier adjective with the wrong topic pronoun so that you have the imphasis (intentional spelling) on the wrong sylable (intentional).
When dealing with strengths of steels you have the ultimate yield, tensile, and 'minimum' yield. Look at Table 3.1 for example. In Group I (or II) for A36 we find a 'MINIMUM' Yield Strength of 36 ksi. But, continue over and we have a Tensile Range of 58-80 ksi.
Now, D1.1 utilizes Minimum Specified Yield Strength when stating the General Requirements limitations of the code. And, they state that it will be a 'Minimum Yield Strength' of 100 ksi or less. (emphasis mine) Thus, it is not that it is a minimum of 100 ksi and can be higher. No, No, No. It is that the recorded 'Minimum Yield Strength' of the steel is 100 ksi (maximum, at the top of the scale) and can be less (as is the norm for the majority of steels in use and on the list). Not all steels that qualify to be worked on in D1.1 are Pre-Approved for work within D1.1. There are other steels with Minimum Yield Strengths of 100 ksi or lower which are not on these lists in Clause 3.
So, basically, it does state: "with a specified yield strength of 100 ksi or less". You just have to get your sentence order straight in your mind.
Now, it is interesting to note the wording on most sites describing A514. It says it will have a minimum yield of 100 ksi and higher. (emphasis mine) It's Ultimate is 110-130 ksi. Now, if you want to be really technical, yes, it would qualify to be welded to D1.1. But, D1.1 leaves it off of it's lists of Pre-Approved steels. If you research it's strengths, carbon content, alloys, hardness, properties as a quenched and tempered steel you will find it has very special properties and is used in very specific applications. It requires a PQR for any code related work for very good reasons.
It can be easily welded with 70 & 8018. And they are the only electrodes not required to be baked prior to welding (as long as all other electrode storage conditions have been met). But, that all depends upon the application of the work and the strength requirements of the weld itself. There are plenty of applications where it will need 90, 100, or 110 ksi electrodes. What types of forces are involved? Stress is a critical factor in calculating the correct electrode to use in any job.
With a practical application to the log stackers I mentioned earlier, we usually used 7018 to allow a reasonable amount of flex. If it had been welded to it's matching strength it would make the whole component to rigid and even 'brittle' under the stress and strain of a 40 ton load of logs going over a log yard at 10 mph 20 feet in the air. It would just snap especially at the least discontinuity and/or stress raiser.
Hope I helped clear it up and didn't just muddy it up more. Just my two tin pennies worth.
Have a Great Day, Brent