To be included within Schedule III, a substance shall have:

(1) A potential for abuse less than the substances listed in Schedules I and II;

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(2) Well documented and approved medical use in the United States; and

(3) Abuse which may lead to moderate or low physical dependence or high psychological dependence.

Source: SL 1970, ch 229, § 8 (c); SDCL Supp, § 39-17-61; SL 1976, ch 158, § 42-15.