N.Y. Surrogate's Court Procedure Act § 2212: Accounting for profit and loss No profit shall be made by a fiduciary by the increase nor shall he sustain any loss by the decrease or lo...

§ 2212. Accounting for profit and loss

No profit shall be made by a fiduciary by the increase nor shall he

sustain any loss by the decrease or loss without his fault of any part

of the estate, but he shall be charged with the increase and credited

for the decrease or loss on the settlement of his accounts.