§ 18-109. Exemptions.

This article shall not apply to or affect the following:

(1)

Persons acting pursuant to an order or process of a court of competent jurisdiction.

(2)

Persons acting in accordance with their powers and duties as public officials.

(3)

Duly licensed auctioneers, selling at auction.

(4)

Any publisher of a newspaper, magazine or other publication who publishes in good faith any advertisement, without knowledge of its false, deceptive or misleading character or without knowledge that the provisions of this article have not been complied with.

(5)

The trade or business in which a person is engaged at the time of his death which is within the meaning and intent of the provisions of F.S. § 733.612, so long as such trade or business remains as an asset of the estate of the decedent under the jurisdiction of the circuit court in which the estate is being administered. The trade or business engaged in, at the time of the death of a decedent, by a corporation, the majority of which corporation's issued and outstanding voting stock was owned by such decedent at the time of his death, for the purposes of this article, may be held and considered to be the trade or business of such decedent within the meaning and intent of F.S. § 733.612 for so long a period of time as the majority of the stock shall be held by the personal representative or representatives of the estate of such decedent as an asset of the estate prior to the winding up of the estate and the discharge of the personal representatives thereof.

(Code 1958, § 18-63(E))