NC S310

Removes restrictions preventing electric membership corporations and their wholly owned subsidiaries from seeking federal grant funds to provide telecommunications and broadband services.

Allows electric membership corporations to use existing easements held for electrification purposes to supply high-speed broadband service (minimum 25 Mbps downstream, 3 Mbps upstream) to unserved areas without requiring additional construction.

Defines "unserved area" as locations where inhabitants or businesses lack access to high-speed broadband and "anchor points" as schools, libraries, community colleges, community centers, and similar facilities.

Prohibits class action lawsuits against electric membership corporations or subsidiaries for claims based on expanded easement use, and caps property owner damages at the fair market value difference between property before and after taking (excluding revenue or rental value evidence).

Grants corporations a permanent easement after paying damages for any trespass claim, with damages fixed at the time of initial trespass and not continuing to accrue.