The commissioner of mental health and developmental disabilities, upon the agreement of the commissioner of health, shall place a substance in Schedule III upon finding that:

     (1)  The substance has a potential for abuse less than the substances listed in Schedules I and II;

     (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.

[Acts 1989, ch. 591, § 1.]