No inhabitant, property owner, taxpayer, consumer, or user within the territory of a merged district shall be entitled to either of the following:
(a) All or any part, or to any payment on account of the moneys or funds, including cash on hand and moneys due but uncollected, and any property, real or personal, of the merged district.
(b) Any refund by reason of any taxes, assessments, service charges, rentals, or rates collected prior to the effective date of merger.