30-31-9.  Schedule IV.

The following controlled substances are included in Schedule IV:

     A. any material, compound, mixture or preparation which contains any quantity of the following substances having a potential for abuse associated with a depressant effect on the central nervous system:

          (1) barbital;

          (2) chloral betaine;

          (3) chloral hydrate;

          (4) ethchlorvynol;

          (5) ethinamate;

          (6) methohexital;

          (7) meprobamate;

          (8) methylphenobarbital;

          (9) paraldehyde;

          (10) petrichloral; or

          (11) phenobarbital;

     B. controlled substances added to Schedule IV by rule adopted by the board pursuant to Section 30-31-3 NMSA 1978; and

     C. the board may exempt by regulation any compound, mixture or preparation containing any depressant substance listed in Subsection A of this section from the application of all or any part of the Controlled Substances Act [30-31-1 NMSA 1978] if the compound, mixture or preparation contains any active medicinal ingredients not having a depressant effect on the central nervous system and if the admixtures are included in combinations, quantity, proportion or concentration that vitiate the potential for abuse of the substances which have a depressant effect on the central nervous system.