Bonds

§ 502. Bonds (a) The Postmaster General shall cause postmasters, acting postmasters, and other officers and employees designated by him, to be bonded in accordance with section 14 of title 6 in such sum as he prescribes. (b) When a new bond is made covering a postmaster, acting postmaster, officer, or employee, payments thereafter made by him may be applied first to discharge balances due from him under the prior bond, if the Postmaster General deems it just.