Any person who transfers any share, right, interest or other valuable intangible property that is transferable by endorsement or surrender, to any heir or any other person as a natural demonstration of his/her liberality, shall, within thirty (30) days following the time at which he/she made the transfer, execute before a notary public and send to the Secretary, a document that describes in detail the share, right, interest or intangible property transferred and providing a record of the total compensation received in exchange, if any, as well as the names and addresses of the parties involved in said transfer and the time of such transfer. Failure to comply with this requirement shall not entail any penalties, except for that specified in § 31172 of this title. History —Jan. 31, 2011, No. 1, § 2055.01, retroactive to Jan. 1, 2011.