New York Laws
Article 6 - Guardians
83 - Duties and Liabilities of All General Guardians.

ยง 83. Duties and liabilities of all general guardians. A general
guardian or guardian in socage shall safely keep the property of his
ward that shall come into his custody, and shall not make or suffer any
waste, sale or destruction of such property or inheritance, but shall
keep in repair and maintain the houses, gardens and other appurtenances
to the lands of his ward, by and with the issues and profits thereof, or
with such other moneys belonging to his ward as shall be in his
possession; and shall deliver the same to his ward, when he comes to
full age, in at least as good condition as such guardian received the
same, inevitable decay and injury only excepted; and shall answer to his
ward for the issues and profits of the real estate, received by him, by
a lawful account, to be settled before any court, judge or surrogate
having authority to settle the accounts of general and testamentary
guardians; and any order, judgment or decree in any action or proceeding
to settle such accounts may be enforced to the same extent, and in like
manner as in the case of general and testamentary guardians. If any
guardian shall make or suffer any waste, sale or destruction of the
inheritance of his ward, he shall lose the custody of the same, and of
such ward, and shall be liable to the ward for any damage caused
thereby.