Transfers Excepted from This Division

The following transfers are not subject to this division:

(1)Those made to give a purchase money security interest (Section 9107);

(2)Assignments for the benefit of all the creditors of the transferor, and subsequent transfers by the assignee thereunder;

(3)Transfers of property subject to a lien or other security interest in settlement or realization of such lien or other security interest, if there was compliance with this division in connection with the creation of such lien or security interest or such creation was exempt from compliance with this division;

(4)Sales by executors, administrators, receivers, trustees in bankruptcy, or any public officer under judicial process;

(5)Sales made in the course of judicial or administrative proceedings for the dissolution or reorganization of a corporation and of which notice is sent to the creditors of the corporation pursuant to order of the court or administrative agency;

(6)Transfers of property which is exempt from execution.