Sen. Hull Maynard, a Rutland County Republican who has served in the Senate for 13 years, is resigning his seat, with just over one year left in his term.

Maynard, 75, said the time is right for him to step down. He announced his decision at a Rutland County Republican Party event Thursday night and said he would likely submit his formal letter of resignation next week.

Maynard is one of seven Republicans in the 30-member Senate. Gov. Jim Douglas will appoint an interim senator. Word has it that Rep. Peg Flory is among those interested.

- Terri Hallenbeck