Section 35-48-2-7 - Schedule III tests(a) The board shall recommend placement of a substance in schedule III under this chapter if it finds that: (1) the substance has a potential for abuse less than the substances listed in schedule I and II under this chapter;(2) the substance has currently accepted medical use in treatment in the United States; and(3) abuse of the substance may lead to moderate or low physical dependence or high psychological dependence.(b) The board may recommend placement of a substance in schedule III under this chapter if it finds that the substance is classified as a controlled substance in schedule III under federal law.As added by Acts1976 , P.L. 148, SEC.7. Amended by P.L. 200-1987, SEC.9.