New York Domestic Relations Code § 83

Duties and liabilities of all general guardians
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§ 83. Duties and liabilities of all general guardians. A general\nguardian or guardian in socage shall safely keep the property of his\nward that shall come into his custody, and shall not make or suffer any\nwaste, sale or destruction of such property or inheritance, but shall\nkeep in repair and maintain the houses, gardens and other appurtenances\nto the lands of his ward, by and with the issues and profits thereof, or\nwith such other moneys belonging to his ward as shall be in his\npossession; and shall deliver the same to his ward, when he comes to\nfull age, in at least as good condition as such guardian received the\nsame, inevitable decay and injury only excepted; and shall answer to his\nward for the issues and profits of the real estate, received by him, by\na lawful account, to be settled before any court, judge or surrogate\nhaving authority to settle the accounts of general and testamentary\nguardians; and any order, judgment or decree in any action or proceeding\nto settle such accounts may be enforced to the same extent, and in like\nmanner as in the case of general and testamentary guardians. If any\nguardian shall make or suffer any waste, sale or destruction of the\ninheritance of his ward, he shall lose the custody of the same, and of\nsuch ward, and shall be liable to the ward for any damage caused\nthereby.\n

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