2010 New York Code
DOM - Domestic Relations
Article 6 - (80 - 85) Guardians
83 - Duties and liabilities of all general guardians.

§  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.